Now im hearing that these sc-mbags lowered the severance packages to only 1 week per year served, instead of the 10-16 weeks depending on full time pay band
Is this true across the board?
24 replies (most recent on top)
Hourly. $75k. 4 weeks severance
Hourly employee. 2 years at Comcast. 4 weeks severance. WTF?!? 🫠
@a7 I only got 14 weeks. I’ve been with Comcast for a little over 2 years (27 months).
@dw The published severance policy, which has been in place for many years states that to get the 16 week base, your salary must be "$125,000 and above". Are you saying that your salary fits that description but you still got less than a 16 week base package?
Not sure if you looked at it previously, but lots of folks commenting on these threads about severance seem to be incapable or unwilling to actually look at the documented policy, and instead are just posting what they think it is because of what they heard from someone, who heard from someone...
salaried employee. 4 years of service.
12 weeks severance.
@bn same can also confirm as someone under 5 yrs tenure I expected a 16 week base and was...not very close to that. Less than others got in the past. Like with each phase the offer decreases a bit?
I’m salaried and got 10 weeks + n-3 so can confirm it varies across salaried roles.
@OP it will be 30 days + PTO accrued in 2027. Take what you can get now!
@ad even for salary employees, it depends on your salary band. Not all salaried employees get 16 weeks.
Just got my package. Confirming 16 + years of service - 3
@am are you salaried or hourly?
@a7 that wound up not being my severance offer.
If you go to the Mybenefits portal > Tools & Resources > Resources for you. Scroll to the very bottom. There’s a Severance Plan document. It shows what salary employees get based on their yearly salary. My offer provided today was accurate to what was on the plan document. Unfortunately I can’t speak for those who are hourly employees. Hope that helps!
HR told me 1 week for every year. I've been there 5 years, I get 5 weeks.
It's wild to me how many people on this website are complaining about 4 MONTHS OF SEVERANCE
It's going to be a rude awakening when you all enter the normal workforce. There's a reason Comcast is losing money, too many bubble wrapped 20+ year employees.
@a7 Your N-3 formula is accurate. But not everyone gets the base 16 weeks. Directors are a tier above that and they get more than 16. Then you have directors that make more than $X-X a year. They are on the highest tier and get an even higher base number of weeks onto which their N-3 is added. Lastly you have hourly folks who are on a different scale and get a lot less.
@a7 even hourly employees?
Hourly employees get 1 week for every year they’ve been here. That’s not a lot.
@a4 this lack of business literacy is frightening.
@a4 what are you even tlking about. what ongoing payment delays. have you looked at the last earnings report? it was just last week. clueless or just a troll.
Is this true?? Many people are still waiting to get their packages.
No. It is 16 + n-3 weeks. Meaning everyone one gets 16 and additional week for every yr after 3 yrs
@a4 payment delays??
I sincerely hope the company is not heading toward bankruptcy or a situation where employees are left without their pending salaries or severance pay. Given the ongoing payment delays, it is becoming increasingly difficult to remain confident about the company’s financial stability.