Anybody received their paper paycheck for 5/31?
I remember receiving two payments.
1) One last paycheck
2) A bigger lump sum
Does anybody know what that lump sum is??
10 replies (most recent on top)
I received three deposits and have now have the mailed pay stubs
1 - coded as "base pay" and matches up to two weeks of pay
2 - coded as "SPP refund" or something like that and it appears accurate
3 - coded as "separation". It looks like 6 weeks pay
However, I don't see anything that corresponds to the 1X APB. Has anyone else received it or know when it will be paid?
i received 2 deposits but yet to receive my paystub copy to understand what these 2 deposits include. Did everybody receive their paystub in the mail?
Only got 2 checks... First for last 2w of May pay, then 2nd, larger lump for 6w severance. Later based off base pay + 1x APB divided by 52 then x6 for total lump. Other 2w severance + length of service pay won't arrive until 4w min after they get signed release letter back.
Nothing about ESPP which was still taken out of last May paycheck even though HR noted 2w ago that it would not be refunded until end of Aug when current period closes. They also won't let you buy stock so basically Intel holding the money interest free over 6 months.
Three checks for me
1) Last paycheck
2) Separation payment, seems more than I expected... 6 weeks? Also includes my 8 weeks of sabbatical
3) Third one appears to be cashout of my SPP
I am still receiving the paper paystubs because I signed up for them long time ago. For exempt employees, 3 deposits weer made on 5/31:
a) Sabbatical payout + 6 weeks salary (a large sum)
b) Regular salary for the second half of May
c) SPP refund (entire amount paid into the SPP since end of February)
Shouldn't they pay geodiff on vacation payout?
Yes, SPP monies
I received three deposits on 5/31. One is the regular (last) pay (2 weeks), one that is about 9 weeks which seems the 6-week severance pay plus what might be my 4-week sabbatical (I was eligible the 4 week and not 8 week sabbatical), and a third one which was about 1 week pay. I Though the third one might be refund of the SPP withholding?
The larger amount equates 5.75 weeks, not quite the 6 weeks expected.
I got the statement today. The bigger deposit was Sabbatical payout and part of the severance pay. I calculated it to be around 6 weeks.