Thread regarding Verizon Communications Inc. layoffs

Severance package

If I was impacted by the most recent lay off on May 5, what date should I be expecting my package. It's taking a long time. I would call my previous GM, but he is pretty useless. Must had study in school how to provide excuses after excuses.

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| 1955 views | | 4 replies (last May 19, 2017) | Reply
Post ID: @OP+NjbN6Cw

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Vacation payout came in this week, seemed a little light. Paystub showed up today. Sure enough, 40 hrs short.

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Post ID: @3ldz+NjbN6Cw

Per HR they will all be paid out by June 2nd

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Post ID: @1lrd+NjbN6Cw

You would get your banked vacation time in the next pay period after last day worked. Actual severance arrives within 30 days(usually the second pay period after last day worked. Within your severance pay the STI is added to your hourly rate used in calculating total payout. Hope that helps

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Post ID: @1xze+NjbN6Cw

You should start seeing vacation payout and then severance 3 to 4 weeks after submitting your signed severance agreement. HR manages severance so reach out to your HR rep for more info.

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Post ID: @tdx+NjbN6Cw

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