I was WFR the year. The company I worked for for decades is dead and gone. What’s left isn’t worth fighting for
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You were already on a list months ago and your boss almost certainly knew as well.
I just got WFR today after being told last month during my mid year review that I was doing a good job and that there are no worries fir another year at least. Makes you wonder how much your boss really knows. I'm done with them.
I was laid off on 3/4/2016
I received the first lump sum exactly 2 weeks after 3/4. This was the biggest check and mine included two payments, the 60-Day Pay equivalent plus the benefits equivalent together.
I received a smallish check two weeks later for a stock purchase that did not complete.
Then 75 days later I received the Severance Payment (I signed the waiver as soon as I received it).
I was taxed at almost 30% so if you are planning to live on that money beware. It's way less than you think and it goes very fast.
My state is one that won't allow you to collect unemployment and severance at the same time, but encourages people to file unemployment as soon as they become unemployed. I didn't know this. I am still unemployed (almost 3 months later) and my unemployment doesn't kick in until week #12.
This has been an ordeal as I have never been unwillingly unemployed in my entire life. But I'm thankful that I have had so many interviews. Just no offers to date. I'm ready to get back to working and earning a salary.
My last day with HPE was Jan 22. I received the 60 days of pay on Feb 2, the COBRA pay on Feb 25, and the final severance check on Mar 30. All the payment amount were exactly as described in my WFR package and the timing was generally earlier then I expected. And life after HPE is much improved!
If that is true, that a wfr can never be rehired, what an idiotic policy. If those who thought that up are the brains running hpe, no wonder it is swirling the toilet.
They keep changing that policy. My WFR documentation said you had to be rehired within 60 days, wait a year before returning to HP, or get a VP to sign off. Yet I know shortly before I got WFR'd they had the lifetime no-rehire policy.
As of Feb 1, 2016, there is a clause in the WFR documentation that states if you do not find employment within HPI/HPE within the 60 day preferential rehire period that you are not eligible for rehire ever as an employee or contractor. I was saddened to read that as I loved my job and I thought I was doing great but apparently that doesn't mean much anymore. We are all reduced to red lines and numbers on a page. Sigh
If you're WFR'd once and survive it (find another position within HP), are you prevented from being WFR'd again anytime soon? I'm wondering if there is a correlation between WFRs, the Ciber crap, and my current inability to be WFR'd.
Is wfr norms are same across countries? I am from APJ.
On my WFR paperwork, it says the 1st lump sum, the 60 day pay, will be sent in 1-2 weeks. The 2nd lump sum, the Benefits Eqivilent, will be sent in approx 45-60 days. The last lump sum, the Cash Severance Payment, will be sent approx 60-90 days given we have signed and returned the unaltered waiver.
I just wanted to know, then share people's experiences with this because I have heard all sorts of stories from people not receiving the 60-day equivalent to some of the checks being the wrong amount. I haven't received mine yet. thanks
I was WFR'd in December. The payouts roughly followed the 45, 60, 90 day schedule outlined in the documentation. However the first and the last were a bit early in my case. They tend to coincide with regular pay days.
The WFR payouts followed the schedule in the package to the day (45, 60, 90)