Thread regarding Intel Corp. layoffs

VSP payout?

Anyone not get their full VSP payout after leaving June 24th? I have only received 3 small payouts...today is the "30 days" mark...

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Post ID: @OP+IxeDV07

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I took ERP and my last day was June 24. I received the one-year lump sum payment and 4 weeks of sabbatical pay on July 1. I received a paycheck stub sent to my home address via the U.S mail. I have not received the $1050 on my debit card. I began my Encore Fellowship at a local non-profit organization today. I will receive a stipend of $25,000 for 1000 hours of work over 12 months.

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Post ID: @3huq+IxeDV07

I've gotten the full payout. Perhaps it was because I was one of the earlier Employees to hit 'yes' for VSP? Also have not gotten the ESP reimbursement yet, but the Q&A said that might take a few more cycles.

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Post ID: @1dcg+IxeDV07

I took the ERP and have only received 6 weeks of the one-year payout on my last paycheck. When I called Payroll, I was told that the 6 weeks was a "good faith" payment and I would receive the rest once the quarterly profits were announced. I do know of others who took ERP and have already received their payout. I too have not yet received the retirement gift of $1050 on my debit card.

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Post ID: @1lyz+IxeDV07

I'm not worried about the timeliness of a $1K retirement award when VSP & ISP people still haven't been completely paid. I'm sure it's coming as everything else was extremely fast (I'm ERP). If I don't get by the end of August (I heard up to 8 wks) then I'll contact them. Honestly? A thousand dollars shouldn't be enough to make or break anyone so have a little patience.

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Post ID: @1mew+IxeDV07

Odd, they seem to be missing their "30 day" mark unless it is 30 business days, which I am sure they will claim...at least they seem to have paid out some of it...

Did ANYONE get a document describing the VSP payout they were getting? Seems that that should have been mailed...or, better yet, provided on your last day in office? I have received nothing.

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Post ID: @1vii+IxeDV07

Odd, they seem to be missing their "30 day" mark unless it is 30 business days, which I am sure they will claim...at least they seem to have paid out some of it...

Did ANYONE get a document describing the VSP payout they were getting? Seems that that should have been mailed...or, better yet, provided on your last day in office? I have received nothing.

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Post ID: @1tqi+IxeDV07

Dang. Glad I was ERPed. VSP & ISPers seem to be getting paid MUCH slower. I wonder why?

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Post ID: @1zds+IxeDV07

No I havent got yet. Still waiting for it.

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Post ID: @1gbp+IxeDV07

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