Severance: How many weeks per year of service

[Anonymous]

ATS offered 3 weeks per year of service on top of 13 weeks of severance. That has expired. Does anyone know what the current allowance is based on years of service?

 

[Anonymous]

12 weeks plus 2 weeks per year of service. One full year of benefits and life insurance at your monthly cost. Very generous severance. We are very lucky that if the bad luck of lay offs hits us personally at least we have a nice buffer.

 

[Anonymous]

60 day warn (you are in a wave that is widespread, and as long as this is ATS related, they apply the 60 day warn)
+13 weeks
+2 weeks per year
+medical benefits (you pay the deduction)
+prorated stock payout (RSUs)
This is all on HR Source
This time no bonus prorate once off the payroll. 60 day warn is like being on the payroll.

 

[Anonymous]

Nice severance too bad it's during the worst economic times since the great depression. Hope everyone has a fat emergency fund. Going to need it. Good luck to all!

 

[Anonymous]

This is an outsider asking questions, don't give them any information. Every Pfizer rep knows where to go for this info.

 

[Anonymous]

This is an outsider asking questions, don't give them any information. Every Pfizer rep knows where to go for this info.

Control freak!

 

[Anonymous]

This is an outsider asking questions, don't give them any information. Every Pfizer rep knows where to go for this info.

This site provides freedom of speech, unlike the wanna be site Pfizer created on the intranet to share questions and ideas.

 

[Anonymous]

This is an outsider asking questions, don't give them any information. Every Pfizer rep knows where to go for this info.

True post. Probably a recruiter looking to see how desperate reps will be to accept low ball offer after reorg.