Thread regarding Macy's Inc. layoffs

Severance?

My wife's store is one of those on the list of closings. Happy New Year to us, I guess. Does anybody know what kind of severance Macy's provides?

I'm sorry if this is a repeat question, I've scrolled down through the page and couldn't fine any threads that were mentioning severance.

by | Post ID:
928 views | 7 replies (last )
Comment! It's anonymous! Reply to this post anonymously by submitting the form near the bottom of the page!

7 replies (most recent on top)

Only executives get the 13 week minimum. Hourly associates get the one week for each completed year. A full print out of the severance and also a Q&A will be given to each person. Are you close to another store and could she possibly move to another location?

by | Post ID:

HR will speak with them through the next few days. They will first try to see if they wish to fill jobs at nearby stores. They get priority over holiday hires. Jobs in the area will be frozen for them. HR will layout the severance pay opportunity. Best of luck!

by | Post ID:

She's been with Macy's for close to 12 years, and no, not an executive. Thanks all for your answers!

by | Post ID:

I believe it depends on her position. Is she an executive? Also length of service.

by | Post ID:

1 week of pay per year of service. You get a minimum of 13 weeks though if you have been with the company less than 13 years. You also get company paid insurance for 3 months. The payout is by check mailed to your house and it's taxed nasty at like 30%

by | Post ID:

Severance packages are based on how long you have worked for the comp. Typically min 13 Weeks with 3 Month of cobra insurance. If offered alternative position/displaced and you turn down the job the company no longer offers the package.

Length of severance package dictated when you may return to the company as well.

by | Post ID:

I am in corp IT so dont have info on stores severance... not sure if this helps but you may want to do a google search similar to this (looks for words severance and macy's and searches downloadbesttorrentblog.ru only):

/'s+severance+site:downloadbesttorrentblog.ru

by | Post ID:

Post a reply

:

Related pages


hanesbrands newsnavistar rumorssprint wirelineunitedhealth group employeesold dominion freight line careerswyndham jobs las vegasfry's website downlast call neiman marcus hoursheald college reviewswww engenuity comthe silence was deafeningthermo fisher scientific madisonmy hr servicemasternewmont mining layoffsb&w trailer hitches humboldt ksmy campus.southuniversity.edu3m cfoinovalon glassdoorciti mortgage jobshca inc nashville tnthe avenue saksincnovant health brunswick medical centergiant eagle executive teamfrontier communications wvsouthwest energy conway arsears earnings releaseust global layoffkmart stores locatorstaples in howell miteledyne brown jobslowes in plymouth mnus foods sysco mergercabelas billingsburlington apple storecaci chantillyepayment.everest.edukohls in fullertonverizon store tampadst in kansas citytowson mall apple storehitachi data systems stockwal mart tickerapple stores in pittsburgh areamondelez inclowes closing hourspalacios community medical centerchevron txxerox support forumare staples stores closingbaker hughes stock quoteitt tech nursing reviewssears employment benefitsbaxter bloomington ilvalley medical center renton jobsitt tech admissions representative salarybenefitsolutions bankofamericamemorial hospital layoffswhen was toys r us foundedlockheed martin aurora cosan ramon ca chevronchubb accounts departmenttexas workforce baytown txhp office in houstongrainger profit sharingjobs broadcompearson book publishing companykapstone charlestonchase locations columbus ohiomcclaren hospital flintnewmont mining layoffsoccidental petroleum corpsimon mall tulsawww mychart hcmed orgkmart englewood ohiooaktree solutionscharles dean memorial hospitalcorium pharmadana corporation maumee ohioruby tuesday birminghamulta northglennpebble sears