Thread regarding Nestle layoffs

Retention Bonus Time

I believe most of the people laid off around mid to late November should be receiving their bonus by January 10th. I am happy it will becoming in 2020. Didn't want to be thrown in a higher tax bracket.

Enjoy the new year everybody.

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Post ID: @OP+12PHL6Cm

11 replies (most recent on top)

So can anyone answer for sure if the bonus was paid in 2 payments? And did they tax it normally or did the government take the 38-40% like they did on our first severance checks?

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Post ID: @6ctu+12PHL6Cm

Should be receiving mine next week, I have no idea what to even expect. I’ve gone back and calculated it myself but who knows if they will get it right.

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Post ID: @6lug+12PHL6Cm

How much money was the retention bonus after taxes? Can anyone say? Lol.

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Post ID: @6sxj+12PHL6Cm

So you said you got 1/2 this pay period and will receive half the next?

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Post ID: @4mzj+12PHL6Cm

Last day worked was November 2st. Received payout last Friday the 3rd. Was showing in nespay 12/31 and received ups packet showing the payout amount 1/2.

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Post ID: @4lxb+12PHL6Cm

Just checked NesPay and my bonus will hit the bank on Friday. I've been paid in full for everything now.

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Post ID: @4emt+12PHL6Cm

If you sign up online for UPS or FedEx, it notifies you via email or text messages when you have packages being delivered to the addresses on file. You can also receive automatic delivery updates for incoming and outgoing packages and change delivery options, if you're not going to be home. It's free and useful.

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Post ID: @1iot+12PHL6Cm

How did you find out you had a package coming from UPS?

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Post ID: @1qyu+12PHL6Cm

Now it makes sense, as to why, I have a UPS package coming from Nestle HR Coordinator today. It's more information about the payout according to the poster below.

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Post ID: @pob+12PHL6Cm

its normal lump sum in regular pay cycle. they send ups packet with paperwork detailing the payout structure

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Post ID: @lvp+12PHL6Cm

Are they gonna send them on normal 2 week increments or in just one or two random pay outs? Anyone know?

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Post ID: @wlw+12PHL6Cm

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