My offboarding date was 10/25.. still waiting on RSUs and severance payment. Anyone receive their severance check yet?
15 replies (most recent on top)
7ejk+1vsvnKiS. Thank you for the response
@7zlt+1vsvnKiS Only as a contractor (after 6 months) OR if you work for a company that is acquired by Vz.
Post from TheLayoff.com
No
If you took the VSP, will you be able to work for Verizon again?
Off board date of 10/25 I can see my severance in work history as of today!
@1gsp+1vsvnKiS they all vest on your off payroll date
RSUs same here - two of three, and we're past 60 days.
Did the stock price lock in on 9/13 or will it be the price when distributed
No payment for 3rd set of RSU's yet and my last day was Sep 13th. Just got the 2nd set of RSU deposited into my account today.
It will take about 2 months to get everything, but you'll get it
I misread your off payroll date. You've not even been off payroll for 3 weeks. They have 45 days post term for severance (assuming you signed doc by the day you left) and 60 days for RSUs. You should have received any vacation pay due you by now though.
If you have not received your severance payment, you should contact HR unless you did not sign your severance agreement in a timely fashion. They have up to 45 days after that to process it. RSUs are on a different schedule.
RSUs will be issued 60 days from last day worked. My last day was 9/13(VSP) therefore, I have not received the RSUs. If the VSP applies to you, the timeframe or number of days for severance is in your paperwork.
I received the oldest of six distributions. Still waiting for the remaining five, even though the distribution date on Fidelity is listed as 09-13-2024.
RSU still hasn't been sent, i'm from the first wave vsp.