I want to leave but would stay the additional month for that extra cash
5 replies (most recent on top)
ckk: Then just give your 2 weeks notice so that it includes your vesting date. If they are short-staffed in your department, I doubt that they will push you out early.
I haven't been laid off or RIFed or PIPed or anything. I found a different job and just want to leave, on good terms, after the ESPP purchase.
Depends on whether the RIF falls within the WARN Act. If you receive a WARN Notice then take another job, you are entitled to 60 days pay in which to look for a job, regardless of whether you are working for your old employer or not. You are entitled to 60 days of benefits under the Health Ins. Plan unless you have accepted a job with another employer who provides health ins. You generally have to cash out your vestted options or RSUs within 30 days of the termination date. If you haven't received a WARN Notice and you are terminated or leave, the employer only owes you your unpaid salary, vacation pay, holiday pay, and any other wages or compensation due. You generally have health ins. until the end of the month of termination/resignation. Of course you are entitled to all vested shares, but you are taxed on the value. You have 30 days to sell options/RSUs that have vested. There is generally no right to severance if you leave on your own, unless you sign a waiver of right to sue. A lot of departing employees haven't even been offered the opportunity. They just have you fill out some online questionaire.
Yea, but let's say I'm nice and give notice mid Jan, is it possible would HR jump the gun and tell me to leave right away? Or can that leave them legally vulnerable?
Once the ESPP vests, there's nothing preventing you from leaving.