Thread regarding IBM layoffs

Good info to have

You do not qualify for unemployment pay during the time you are receiving severance pay.

But once the 30 days are up you will certainly qualify for unemployment compensation.

Some states you can collect unemployment while in severance period, some its after. (your case)

But please do not try saying you will not qualify for the unemployment compensation at all because you took the measly 30 day sev package, lol. That's just not true and hopefully nobody here buys it.

Contractors go on unemployment during any 1-2 week period they will be furloughed so they are getting unemployment checks around 4 times a year or more. And that's with unemployment office knowing they will be back to work within a week or so. If you are a FT employee you are not going back to work for IBM, so of course you get all your unemployment compensation once your severance pay ends. Now in most cases the severance pay is all on the last check so in that case you go file for unemployment right away with no waiting.

There are rumors if you quit or you are fired you will not qualify for unemployment. Ask anyone at the unemployment office if there is really any truth to this and they will roll their eyes. But mo--ns still buy into it.

Reposted from @Vl08Kfd-5dnj.

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Post ID: @OP+Vtzc5Mi

4 replies (most recent on top)

Please remember that many unemployment policies are on a state by state basis so what might be true in one state might not be for another.

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Post ID: @4rza+Vtzc5Mi

@Vtzc5Mi thanks - this is a good post

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Post ID: @1wgr+Vtzc5Mi

Georgia - about 2 years ago I reported to an office, which was wonderfully well managed, clean and really offered good services. I moved to GA from NYState which was, of course, a horror show. But Georgia ran a print-out per applicant of your salary history and they knew EVERYTHING down to the penny, time and company. They can get to and HAVE your financial data. Don't play games there or your benefits can be denied.

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Post ID: @1atl+Vtzc5Mi

The rules for unemployment compensation vary by state. In my state, if you qualify for unemployment compensation there is a maximum amount you can receive over a 52 week period. If you receive severance pay it is SUBTRACTED from the maximum amount that you would have been eligible for. To qualify you must be able, willing and actively seeking employment. So the bottom line is to check the specifics for you particular state.

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Post ID: @ftw+Vtzc5Mi

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