Are the details of the renumeration of how many months that the amazon is liable to pay to employee as a part of severance, not mentioned in the terms of employment? or is not informed at all beforehand?
Videos
Is there anyone here who recently went through the pivot/PIP process and was offered the payout?
Can you drop in your base salary, tenure, and the amount they offered you?
Trying to calculate how much I’ll get when the inevitable happens :)
UPDATE - Already in the comments but bringing up here. Thank you u/MrHaVoC805!
Payout = 10 weeks of base pay + (basepay * 1%) * (tenure in months /12)
My example
Pivot Payment - Pre-Tax: $24,495.63
Base Annual: $88,600
Tenure: 8.42 years (101 months)
$88,600/52 = $1,703.85
$1,703.85 * 10 = $17,038.46
$88,600 x 0.01 = $886
$24,495.63 = $17,038.46 + ($886 x (101/12))
After taxes, I ended up with closer to $17.5k (absolute robbery) but that of course depends on your own tax deductions.
Recently took severance instead of pivot. I was given the option last week. And I took it on Tuesday. I get paid on Fridays, but my direct deposit normally hits on Wednesday. I checked A to Z and only see my regular paystub with no severance attached. How long does it normally take? And does it normally come separately?
Got a final written. Walked out by HR and signed my appeal for I believe I don’t deserve. Written up for mediums rate being to low. I get put on south and idk how everyone’s building is set up. But south side gets nothing but single item boxes or totes. There’s been no work at my site for weeks. Vto out the ass. I can’t control what’s coming to my station. But I’ve only gotten single items(tide pods, “ice flavored water”) the usual. So hopefully my appeal goes my way. *Also noted I’ve been working for Amazon for 5 years 11 months. 7 managers and all my write ups have come from current manager. Older guy, I believe has it out for me. Most importantly just wanted to know if anyone has gotten severance pay? In case my appeal doesn’t go my way