Thread regarding Bank of New York Mellon Corp. layoffs

RESIGN WITH NO NOTICE

I have another position lined up. Won't start for 6 months. Even with no notice they have to offer me COBRA.

by
| 23720 views | | 8 replies (last ) | Reply
Post ID: @OP+1frL3L6G

8 replies (most recent on top)

Our paychecks for last period have hit. I
do not care about my $1.65 bonus.
Giving no notice.

by
| | Reply
Post ID: @5anc+1frL3L6G

@3thx+1frL3L6G

It’s pretty hard to work here in a career track job without a bonus, which would be subject to clawback based upon your actions. Any career track job would be exempt from overtime, so guessing that you’re concerned with overtime? No clawback of OT so no worries for you.

by
| | Reply
Post ID: @4ddu+1frL3L6G

And don't forget your medical insurance covers nothing unless you have a heart attack or get cancer or something else major. Well, I guess it covers a $40 flu shot...

by
| | Reply
Post ID: @4bry+1frL3L6G

Clawback of WHAT???

by
| | Reply
Post ID: @3thx+1frL3L6G

Be sure to factor in clawback costs for leaving without proper notice.

by
| | Reply
Post ID: @pjb+1frL3L6G

Yes, you qualify for COBRA, and you have at least 60 days after your current coverage ends to activate it.

https://www.dol.gov/sites/dolgov/files/ebsa/about-ebsa/our-activities/resource-center/faqs/cobra-continuation-health-coverage-consumer.pdf

by
| | Reply
Post ID: @nxo+1frL3L6G

Yeah, expect to pay anywhere from $500-$600/mo if you're single, to $1600-$2000/month if you're covering a family. Remember you'll be paying the total bill, plus a fee... not just your portion.

by
| | Reply
Post ID: @kes+1frL3L6G

Cobra is so expensive

by
| | Reply
Post ID: @xuc+1frL3L6G

Post a reply

: