I have NEVER been so torn in my life--I have accepted the fact that WF is tanking. I only WISH I had been offered a severance bc I would have taken it and moved on and up. I am someone that is stuck--my position was eliminated, but I have been deemed "so lucky" to still have a job without a pay reduction. If I take this job, I am expected to work harder and faster and it will be inside of a freezer--a place I have never worked nor been trained to work. It will make me feel like I am entering a frozen hell if I stay here and I know I will be completely miserable. I feel like they WANT me to quit! I need money--like everyone so what would you do if you were me? Also--what happens to my benefits if I quit/get fired in the next few days??? I am sorry to everyone here that is suffering.
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I don't know if what region you're in makes a difference, but I just quit recently myself. Here are snippets from the "2015 Summary of Benefits For Departing Team Members" they gave me: Outstanding PTO is automatically paid out on the final paycheck by global payroll. Workday/Payslips - TMs will have access to their Workday accounts and posted payslips for 30 days from the day of separation. Medical insurance lasts through the end of the TM is separated (same for dental and vision). PWA can be continues through COBRA at no cost for up to six months from the date of separation (this is also the default option if the TM doesn't return COBRA paperwork); the PWA can be extended beyond six months for a fee via COBRA. The PWA card wukk be deactivated at separation and TMs must file manual claims with United Health Care to access the remaining PWA. HSA funds belong to the TM following separation. Limited-Purpose HRA funds are forfeited upon separation. 401K - can be withdrawn by contacting Fidelity or can be redistributed to another place. If the balance if more than $5000, you can leave the money in the plan until the age of 65, or you can request a distribution at any future date prior to age 65. If you have less than $5000 and don't request a distribution by the end of the quarter following your termination, Fidelity will contact you by mail and explain your distribution options. If you fail to respond within the time specified, your distribution will be automatically paid out of the plan. Stock Purchase Plan: Stocks purchased by TMs under the "TMSPP" belong to the TM and no further action is requires. Stock Options: TMs have 90 days from their separation date to exercise any vested stock options they may have been awarded. All unvested options cancel on the last day of employment. Hope this helps.
Way to go Leanne!
Get off and write a new chapter in your life .everthing is replaceable.everyone is replaceable.
It's not smart to quit a job until you secure another one, so start looking and don't put in your two weeks until you are offered another job.
I'm pretty sure you'll still have your benefits for another month? You can withdraw money from your 401k or have it transferred to a non-Whole Foods investment account once you are no longer with the company.