No changes to the severance package:
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Sales: 2 weeks
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Exempt: 8 weeks
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Non-Exempt: 8 weeks
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Executives: 16 weeks
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Payment: One time, lump sum
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Extended Benefits: None
2 replies (most recent on top)
Yes, my COBRA payment would be $1,711 - there is no way I would ever be able to afford it.
No Health benefits really hurts. It’s 1700 bucks per month for cobra. 1600 for ACA with no subsidies. People need to work the subsidies.