Termination date

[anonymous]

How soon after notifications will the termination date typically happen?

 

[anonymous]

How soon after notifications will the termination date typically happen?

this whole thing is a cluster. no communication at all.

 

[anonymous]

I am sure it will be like every other layoff. 60 days plus severance.

 

[anonymous]

60 day Warn period plus severance.
Severance = 12 weeks plus 3 weeks per year of service as of 1/1/2022.

 

[anonymous]

So can you get a job in the 60 day warn?

 

[anonymous]

Technically no.
But I’ve never heard of it really being enforced.

 

[anonymous]

So can you get a job in the 60 day warn?

Yes you can and technically Pfizer would stop paying during the WARN and still pay your the severance. But I have no idea if it's actually enforced. Hopefully the end date is announced soon so everyone can move on from this dumpster fire.

 

[anonymous]

Didn’t team 1 get jobs with Exact during the warn period?

 

[anonymous]

60 day Warn period plus severance.
Severance = 12 weeks plus 3 weeks per year of service as of 1/1/2022.

Maximum of 2 years

 

[anonymous]

I believe you can get a job in the warn period, you would just loose any pay for the remainder of the warn and it would start your severance pay.

 

[anonymous]

It is my understanding that one would also receive your standard medical benefits as if you were still working for Pfizer as part of the severance package, they pay half, you pay half not the Cobra crap. Any truth to that?

 

[anonymous]

It is my understanding that one would also receive your standard medical benefits as if you were still working for Pfizer as part of the severance package, they pay half, you pay half not the Cobra crap. Any truth to that?

I believe you will receive the medical benefits at corporate Pfizer rates. However it won't be deducted, you'll be billed and have to pay it. It's all in the severance info on PfieldNet.

 

[anonymous]

So can you get a job in the 60 day warn?

Yes, you will just forfeit the 60 day pay. You may not get a job before the Last Day of Work Date.

 

[anonymous]

Didn’t team 1 get jobs with Exact during the warn period?

Yes, and as soon as they did, the Pfizer Warn Pay stopped and severance begins a month later. Exact then became the employer who is paying salary.

 

[anonymous]

How soon after notifications will the termination date typically happen?

Last day worked = Jan 28th.

Warn kicks in 60 days

severance kicks in = 12 weeks plus 3 weeks for every year

 

[anonymous]

Last day worked = Jan 28th.

Warn kicks in 60 days

severance kicks in = 12 weeks plus 3 weeks for every year

Maximum 2 years

 

[anonymous]

Your severance is taxed.

 

[anonymous]

60 day Warn period plus severance.
Severance = 12 weeks plus 3 weeks per year of service as of 1/1/2022.

 

[anonymous]

Assuming Medical Insurance will be Cobra?

 

[anonymous]

Medical continues during length of severance at employee rates