Thread regarding Charles Schwab Corp. layoffs

Severance package - vacation/sick accumulation

Is there any information available regarding whether they will include vacation and sick time in the severance pay? I'm curious about how they handle accrued time off, and depending on their approach, should I keep my accrued hours or start using them up immediately?

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Post ID: @OP+1nZBEK19

6 replies (most recent on top)

Vacation time is paid out, sick time definitely is not.

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Post ID: @1dqd+1nZBEK19

Cough cough …. Good thing I rarely called in sick, so thankful now for doing so. I’d consider donating my sick time, but who knows of that person will make through the cut also.

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Post ID: @rvw+1nZBEK19

This sh-t with having to file that claim or whatever for 3 or more days is absolutely insane.

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Post ID: @loy+1nZBEK19

Search “severance” on Schweb

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Post ID: @lms+1nZBEK19

Tell them that you are sick of the way EC is behaving and use up your sick days asap.

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Post ID: @rny+1nZBEK19

Vacation pays out, you lose the sick time.

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Post ID: @rdj+1nZBEK19

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