Thread regarding Verizon Communications Inc. layoffs

Last day 12/30 when should severance pay come in

For those that had a last work of 12/30, has anyone received their severance pay. I've received my vacation pay but not the severance package.

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| 1492 views | | 4 replies (last January 17, 2017) | Reply
Post ID: @OP+LkhUd2f

4 replies (most recent on top)

Generally the payout is 30 business days after the last day on payroll. The STI should be paid in February.

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Post ID: @4eff+LkhUd2f

I agree 100% with previous posts. As long as you have confirmation they have everything they asked you for (i.e. signatures, devices) They do not Duck around , they will direct deposit your money ..NO BS

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Post ID: @2wvv+LkhUd2f

Speaking as a former retail employee,

As long as you turn in your best device and fax the signed exit paperwork (severance.verizon.com). It should be about 4 weeks.

Mine was exactly 4 weeks after turning in my best device . It was direct deposit .

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Post ID: @1jxz+LkhUd2f

It will be paid to you within 45 days of your separation date

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Post ID: @odb+LkhUd2f

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