Other than that, not much to be thankful for these days. At least not for us still stuck at Xerox. Those who got out are probably over the moon right now.
14 replies (most recent on top)
@12gmlcp0-2tph I hope you get cut during the next round of Xerox “owning it”.
My very first thought when reading the title of your post... I hope you are transferred to another company (HCL or other) with no severance. But then I thought... that’s it the high road of thinking. You should not be rewarded for being at Xerox with a severance if you are willing to publicly say you want out. If your not willing to put some effort into getting a job outside of Xerox and you want badly to get out; then you don’t deserve a severance (no matter how small). Get out on your own effort
My very first thought when reading the title of your post... I hope your transferred to another company (HCL or other). You should not be rewarded for being at Xerox with a severance if you are willing god to publicly say you want our. If your not willing to put some effort into getting a job outside of Xerox and you want Judi badly; then hyoid don’t deserve a severance (no matter how small). Get out on your ownnwffirt
The severance lately is 8 weeks and they don't pay for 4 qtr vacation if you leave early in the 4th qtr.
You seriously don’t think that over the last year plus, that the severance packages have been reduced TWICE and are now down to 8 to 12 weeks, without an immediate intent to scr_w everyone they can out of giving them anything while they give 23 million to J Vaseline do you?
BTW, only executive level 4 and above are 16 weeks or more.
Severances will be pathetic for your life‘s contribution to Zerox the t_rd.
Don’t think you aren’t appreciated though
It’s what all maids, pool boys and doormen get form the Icahn family (no disrespect intended as I’m sure they would certainly agree)
Laid off in 2013 ...severance was maxed at 39 weeks
That wasnt just the 80's. They were still giving out 1 year on VRIF just 5 years ago. Then it dropped to 6 months the next year, then 3 months and now the 8 to 12 weeks depending on service time.
Not to burst your bubble but in the 80’s Xerox severance was 1 year after 8 years employment. Also 12 weeks more was added on if you took a VRIF...Now that was a nice severance not the chickens___t they give today.
I left on my own when they disrespected me by rebadging me to that Indian company. Found a new job in a fantastic company showing growth paying 25% more, and I work less with even more vacation & better benefits. I am & so happy and over the moon to be out of that hellhole.
Well I wasn't a manger, got 12 weeks, plus unemployment. I am over the moon lol so glad to be out of that hellhole
Most employees are only going to get 8 weeks as of July 2018 changes. Managers get 12 weeks. There is a group that gets 16 weeks but they are highly technical. And sales people get a whopping 2 weeks total. Plus you get it as a lump sum - which is good because you can collect unemployment right away - but you only get medical coverage for 2 weeks. Start looking while you can because depending on your age and how much you make, it may take you 6 months to find something. The cheapest single plan I could find on the health exchange cost $4,000 and had a deductible of $4,000 with an out of pocket of $15,000 with very limited network choices. Cobra costs more than that. Unless you are already at retirement age and just want a little bonus as you walk out the door, look now. Once you are unemployed, it will be that much harder to find a job. If you are a long-timer, there are a lot of jobs that won't pay near what you're probably making and you'll lose all that seniority for vacation earnings. Most jobs start at 2 weeks. Plenty have no benefits. So much for all these great jobs that have been added to the economy. It's really trickling down to the peasants.
Nice several package? Where the hell have you been?
There are no nice severance packages. Why don’t you grab control of your own future instead of waiting for XRX to do it for you? Ridiculous.