Thread regarding Intel Corp. layoffs

questions for the ISP folks. did you get any years of service pay or just 8 weeks pay? if you did get pay for years of service, what was it?

by
| 1347 views | | 7 replies (last ) | Reply
Post ID: @OP+HHgrXao

7 replies (most recent on top)

It varies and is not linear. Get the addendum from HR and/or your manager.

How many years were you? Not going to post the entire table but here is a portion:

0-2 years, 4 weeks

2-4, 5 weeks

4-6, 7 weeks

6-8, 10 weeks

8-10, 12 weeks

10-12, 15 weeks

by
| | Reply
Post ID: @ofv+HHgrXao

the years of service is a week per year or 1.5 weeks per year?

by
| | Reply
Post ID: @raw+HHgrXao

I'm ISP in AZ and received three checks on May 31, regular last pay, 6-week separation+4-week sabbatical, and SPP refund. See https://www.thelayoff.com/t/HHvYY2U. As others said, the 2-week and variable pay will be paid after you sign the papers.

by
| | Reply
Post ID: @ggm+HHgrXao

I haven't got any pay yet. Nothing yet except the regular last paycheck for may 31st. Are there any others in the same boat?

by
| | Reply
Post ID: @pgz+HHgrXao

No, there are ranges. I take it you are not part of the ISP/VSP

by
| | Reply
Post ID: @csx+HHgrXao

Do you get 1 week of pay for 1 year of service?

by
| | Reply
Post ID: @slv+HHgrXao

6 weeks. You have to sign papers to get 2 extra week and the years of service payment.

by
| | Reply
Post ID: @wpq+HHgrXao

Post a reply

: