Thread regarding Verizon Communications Inc. layoffs

So. STi

I am not sure I heard on the previous calls of how they will deal with STI with the ppl held back for a future date. Does that mean they are guaranteed the 100% and the ones that didn't push get the X% the company announces?

by
| 1526 views | | 3 replies (last ) | Reply
Post ID: @OP+WRc7ngK

3 replies (most recent on top)

I understood you will get 100 % for this year and in 2019 you will get 100% but pro rated to either 3 months if you have a March date or 6 months if you have a June date

by
| | Reply
Post ID: @2lbk+WRc7ngK

To add: Your VSP buy out ammount will be less, as you will have already received your STI bonus. Additionally, you will receive a pro-rated STI bonus for 2019 added to your VSP package. It will look like your receiving a smaller amount, but overall, you are receiving more (until taxes)

by
| | Reply
Post ID: @1rup+WRc7ngK

Thats correct.Anyone who was accepted for VSP, regardless of date will get 100%. Others will get whatever % the company declares

by
| | Reply
Post ID: @1mte+WRc7ngK

Post a reply

: