For those who were able to retire on May 1st with the reductions, it stated you would receive 100% of
EIP in retirement package. Since it is at 0, does that mean you would get nothing? If you were told you would get it, dId HR give you a time frame? Would it pro-rated?
When they say 100% they mean 100% of the target amount. Actual results are not considered. So if you are Prof/Tech you would get 10% prorated by the time you were employed this year.
I was a remote and got the axe in March. Got a pro-rated amount with my last paycheck - with my PTO.
50% of EIP is based on your performance rating. You get that portion even if the scorecard is 0.
I didn't retire yet but am considering it from ET. My understanding is retreat would get pro-rated amount at retirement. The amount would be 5% of salary based on current results and then pro rated on number of months word in 2018. I would think it would be included with your final paycheck along with unused PTO...good luck