On the document it states if you find a position within Chase 90 days after termination date you are required to pay back the UNUSED portion of the severance pay.
What if you "used" it all?
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Not to mention, if find another Position in Chase and are hired they have 90 days to make sure it’s a “good fit” and if it’s not you’re in the same positions.
It depends on how long you were there and how many weeks it covers. I was laid off in June (termed August) and rehired end of September with a different LOB. Enough time had passed that I didn't have to pay anything back.
if you were with the company for a long time, my friend has been, I urged her to take 1 year worth of severance and leave, she found another job within 2 months, kept the severance :) + anyone I know who decided to stick around and return severance or find a job within the org, ALWAYS regrated it, something to keep in mind !
Why would anyone WANT to work for a greedy company like Chase after you were laid off, corporate America gives two chits about ANY of you!
HR will set up a pay plan and deduct from your paycheck until paid back. if you dont pay back the lump or sign the agreement to doc your check.. you are terminated again