Thread regarding Cenovus Energy layoffs

How much severance is provided?

What is the usual number in months per year? Do they put in health befits, rrsp and bonus?

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Post ID: @OP+1gZ95OQr

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Good luck, MacDaddy77.

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Post ID: @3utd+1gZ95OQr

Severance depends on years of service and obviously your role and professional status. i.e. A Manager or VP or Professional Engineer will receive more severance than your average employee.

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Post ID: @2beb+1gZ95OQr

Rrsp is the responsibility of an employee so I am not sure why you would think an employer would pay that. Pro-rated bonus has been included but it isn’t an obligation. Severance depends on your age as well as your years of service so it’s not a one size fits all approach.

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Post ID: @1zhp+1gZ95OQr

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