For layoffs
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@ba I believe you'll get a pro rated amount
you may be unaware, but the recent Special Bonus was a severance package
if you already spent it, oopsies
heard that contractors are going to be cut and/or not extended. I would have to imagine that could be true in some areas but not across the board.
@c4 I think that's already happened, just quietly to folks that meet the rule of 70
It would be nice if they offered voluntary severance to people first. Many people seem to want to be laid off.
I’m going to assume Talent Source contractors won’t receive any additional support or runway here. We haven’t historically been given much, so it’s hard to imagine that changing now. It often feels like we’re treated as the lowest priority.
That said, I do think there could be legitimate concerns around how contractors have been classified over time—especially if expectations are shifting toward increased oversight or in-office requirements without the same benefits or protections as full-time employees. Many of us have been in these roles for years.
For anyone in FTS, it may be worth speaking with an employment attorney to better understand your rights and options. I honestly think most of us have a solid case to say we have been misclassified for years and if you are MA based the state does not take kindly to it.
@b8 2 weeks per year of service up to 6 months?
2 weeks would be crazy low for people who have been here for years.
In 2024, everyone got 6 months of paychecks, no matter the tenure.
Does anyone know what happens to your shares? Say you have a P-shares payout due June 12th and your last day is May 29th. I have to think they give you that money… or don’t they?
Does Talensource folks get a severance...or just the boot?
Packages vary by role and tenure. Low skill roles - 2 weeks or a months pay. High skill roles - 6 months of pay plus prorated bonus.
Do they cap it at a certain number of months? I believe the retirement package is 1 month for every 5 years with a max of 6 months. So someone with 25 years would get 5 months if retiring vs 12.5 if being laid off. It seems strange that a long tenured person would get a higher payout for being laid off vs retiring.
Thanks
2 weeks for every accrued year.