Thread regarding Wells Fargo & Co. layoffs

Severance Pay Schedule

Does anyone know what the severance pay schedule is if layoff date was 11/15 (non-working notice 9/17)? On 11/15, I received higher than normal pay, which I assumed was unused PTO, plus the start of severance. It was off-cycle, and I didn't get anything the following week. So I thought maybe severance is on a different pay schedule. I didn't get anything today though.

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Post ID: @OP+1vJ2rN27

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I was told by Empower today that those of us whose last day was 11/15 were NOT getting our 401k match. Seems pretty cr-ppy to work there all year and then be told 30 days too early to get the annual match. Worked there 10 years and am over 55. Should I call Erica attorney?

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Post ID: @3zwd+1vJ2rN27

You cannot contribute to your 401(k) during severance so that may be the cause of the higher pay.

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Post ID: @zup+1vJ2rN27

Check your pay stub on Teamworks at home. The November 15th check was for salary and PTO. Our next paycheck will be on December 6th with everyone else.

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Post ID: @jxs+1vJ2rN27

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