Thread regarding Staples Inc. layoffs

Staples Corp Severance Payment

What's the severance?

by
| 3081 views | | 5 replies (last January 27, 2016) | Reply
Post ID: @OP+FDcNRoT

5 replies (most recent on top)

SDO received 1 week for each year you were sentenced, 10 weeks max of severance. I served a 20 year sentence and got 10 weeks taxed at 40%. they won't tell you but you will be locked out of associate connection the day of your separation.

by
| | Reply
Post ID: @1moj+FDcNRoT

The severance policy that's on the internal HUB, maxes out at 13 weeks, regardless of how long employed. Now, if you have a contract in place that supersedes that, then lucky you.

by
| | Reply
Post ID: @1uyz+FDcNRoT

There is a document posted on the Hub that explaineds the Severence policy. Search using Severence.

Depending on your classification it ranges from 1 week to 3 weeks per year of completed service. Your classification also determines your min and max weeks. The higher the classification the more weeks you get.

by
| | Reply
Post ID: @1vft+FDcNRoT

I believe it is 2 weeks for every full year of service. Anyone under manager level can get up to 12 weeks. Managers and above get more weeks.

by
| | Reply
Post ID: @1yis+FDcNRoT

This is for SDO and a bit old but you can check it out: @xZnk3al

by
| | Reply
Post ID: @akr+FDcNRoT

Post a reply

: