Have any laid off workers who are vested employees being offered severances OR what are the early retirement terms? Can some one mention?
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In general, exempt is a salaried employee and non-exempt is an hourly employee. There are, of course, exceptions.
This is the short (official)answer as per guidelines. Results may vary according to various criteria, i.e. who you are. Non-exempt employees get 1 week pay for every year of service up to 13 years. Exempt employees get 2 weeks pay for every year of service up to 13 years. That's it in a nutshell. There's nothing magical about it.
I hear 2 weeks per year of service upto 6 months
We had people let go they got a severance it was one week of pay per year worked