Volunteer. Notice today. Last day of access May 4th (turn in computer, badge, door key). Still on the books but not coming into work. May 21 is the day after RSU vesting, last normal paycheck around that time. Termination date June 19th (60 Day notification). Package payout Termination date +35 days.
Posted by @SL3DY0d-yoy, most concise and detailed description of what happens with notice. thought it belonged on the front page.
May the 4th be with you. Always.
The 6 weeks of not having to go into the office is called the “garden leave” . Apparently it’s customary in the Netherlands so it was adopted by QC recently
-yoy here... Last regular paycheck is after RSU vesting date ( May 20th, which is a Sunday, they use previous close price, May 18th.) Somewhere around May 21-23rd we get our last regular paycheck. QC doesn’t want lawsuits by shortchanging terms on RSU vesting. Then no payout until June 19th plus 35 days. So I guess we are really paid for not going to work between May 7 thru May 21-ish?
Save your badge, still works at souplantation, they don't check apparently
What is the difference between last pay day and termination date?
I thought MAy21 was a mistake from my manager, since the agreement says June19
It s---s, the company gives you RSU for past performance bonus then they steal it from you on the way out. Execs must be laughing now. Plus the government decides to screw you on the wait with bonus taxes on your severance.
Laid off in September 2015. It was mandatory that all who were laid off had to show up to work, and work our regular jobs, until the last day of November 20th.
Will you receive your regular pay until June 19th (your termination date), even though you won't be going to work after May 4th?