If I don't, does it count as standard layoff?
7 replies (most recent on top)
I retired at GE Greenville yrs ago,they lie more than Hillary and Obama,damn good at it.
You'll want to check your Job Loss Benefits handbook to make sure it's the same:
1.1.1 WHO IS ELIGIBLE?
You are eligible for the GE Layoff Plan if, at the time of the layoff, you:
.....
• Have not rejected a suitable offer with the Company;
• Have not been offered another position with a successor employer after the transfer or sale of operations;
• Have not been transferred to another position anywhere in GE or any of its affiliates;
....
WHAT IS A SUITABLE OFFER OF EMPLOYMENT?
For purposes of the GE Layoff Plan, a suitable position is one that meets the following criteria. The position is:
• With GE (or one of its other affiliates);
• Within the same career band that you were in at the time of the job loss;
• Within 35 miles of your assigned job location at the time of the job loss; and
• Would not result in more than a 20% decrease in annual compensation (salary and bonus if applicable) compared to
the annual compensation you were receiving when the job loss occurred.
If you turn down a suitable offer of employment by the Company, you are no longer eligible for layoff benefits because you
will be deemed to have resigned.
look for another job. they ask us here in Greenville to reapply a few months ago. we reapplied then were given our walking papers.
I would not risk it. Get the answer in writing from HR.
HR has used this trick in the past to declare someone who would not reapply for their job to have voluntarily quit, then denied them a severance. Beware.
Demand a sign-on bonus.
probably yes, but why ask the internet instead of your people leader or w/e your p&l calls it