What is severance pay when you get laid off?
10 replies (most recent on top)
Small jar of bacon grease and a reach around!
Get with HR and adjust your tax withholdings if you happen to get laid off. It took a month for me to get my severance check, and Uncle Sam took about half of what I was given.
I was given 1 week per year of service.
Not enough to pay a month's bills
Rifted with severance is the best way to retire. There are always layoffs on the horizon, best indicator is hiring by large service companies who are late to man-up during a boom. Then crash hits and the large service companies LIFO the poor b--tards they just hired.
Keep your head low and avoid the cane cutter by sticking your head as far up your bosses a-- as it will go.
Good luck, it’s a different oilfield.
It's a joke 4 years ago when they started paying guys off they were giving the min 1 week for each year plus about 4 to 6 month uplift now you get min.
They also have started firing people to even save on paying them a few months money.
No wonder every one is leaving.
Terrible company to work for and only getting worse
It’s more profitable to fire someone than pay severance. That should be the goal wake up
One week per year of service. If they do not do this, hire a lawyer. They are required by law to pay severance. Some of the little HR girls do not know this.
One week per year.
Ah for sweet fook all efter 25 years o fooking working in e fooking store
Noo am tacking e fookers tae court tae get ma money
2 beanos and a pair of roller skates