As many functions will be transitioned to younger and less paid workers in Raleigh/Cary, be ready for the “here is some money to stay” ruse. That will indicate you are soon to be let go, after training your younger and/or less paid replacement. Best strategy is to leave while you still have options, on your terms.
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To add to CRX's suggestion to read the HR policies, MAKE A COPY NOW, BEFORE YOU (MIGHT) GET LAID OFF! I found myself wishing I had done this and didn't want to put my former colleagues on the spot by asking them for a copy after the fact.
rumor is carrots to be delivered by 27-Sept. make sure you check the policy and consult with an attorney before making a decision.
In Calif. a voluntary resignation is not eligible for unemployment insurance.Be careful in what you sign as Xerox has tried to pull this before.
For XDXees, I recommend going to the HR Policy page and reading HR 204-3 "Separations: Work Force Surplus". It has a clause about relocation "with a commute greater than 50 miles" making you eligible to RIF with severance. Then there's a loophole on the same page regarding transfer to "a subsidiary", so watch out for that. It also mentions the conditions around a "retention carrot", as it were. A handful of other separation-related policy docs there too, so best to familiarize yourself with them before we're corralled into a decision.
The old “Take this deal or you are considered to have voluntarily resigned with no severance” gag. Xerox has done it before more than once I might add. This time is no different really.