arent there clauses in some packages that stops payment upon a new job?

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Oct 30, 2014
10:50:06am

mottman

arent there clauses in some packages that stops payment upon a new job?

I've never been let go...yet (knock on wood) so I don't have any experience in this area.

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mottman

Previous username: (Private)
Bio page: mottman
Joined: Jan 14, 2007
Last login: Apr 26, 2024
Total posts: 14,066 (1,105 FO)

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Messages

Author

Time

My employer was officially bought out by a competitor two weeks ago. It was

buhlcougar

10/30/14 10:22am

Your intuition is right.

Ragnar Danneskjold

10/30/14 10:25am

^^^^ buhlcougar's new VP

mottman

10/30/14 10:29am

funny. but not funny.

10/30/14 10:31am

Only if Ragnar is a woman...wait a second...it all makes sense now.

buhlcougar

10/30/14 10:40am

Send in the Bobs

DogBoy

10/30/14 10:25am

"I'M A PEOPLE PERSON!"

mulletino

10/30/14 10:27am

So, the "Don't worry about losing your jobs" was sent out in order to try and

10/30/14 10:26am

My experience is that "Your job is safe" is just as bad as "you have nothing

RebelScum

10/30/14 10:39am

Key is to find a job and time it so you get severance too

Sonics

10/30/14 10:31am

Yup. I had the same issue of being told we are all safe, then 3 months later...

DogBoy

10/30/14 10:46am

arent there clauses in some packages that stops payment upon a new job?

mottman

10/30/14 10:50am

RE: My employer was officially bought out by a competitor two weeks ago. It was

BigD Coug

10/30/14 10:31am

We have been told consistently from day 1 of the announcement that their tax

buhlcougar

10/30/14 10:39am

Well there's hope then.

BigD Coug

10/30/14 10:43am

I'm getting the impression that although I may have a job in the future I don't

buhlcougar

10/30/14 11:11am

Tax is stressful enough without having to deal with all that - but at the same

BigD Coug

10/30/14 11:28am

That is why they grab one or two and drop the rest

CSoul

10/30/14 10:58am

If they are in California, there is a California state web site that all layoffs

Lance71

10/30/14 10:59am

i run a company in CA and i must have broken the law many times.

OC_Ute

10/30/14 12:34pm

http://www.edd.ca.gov/jobs_and _training/Layoff_Services_WARN .htm

Lance71

10/30/14 1:01pm

I worked for a fortune 500 had the same things said to me, was laid off a few

Ebolarama

10/30/14 10:31am

I'm guessing once we finish our stub period return then they will let people go.

buhlcougar

10/30/14 10:36am

The good news is you'll probably have a few months to look for something new

Ebolarama

10/30/14 10:39am

"Keep doing what you are doing. You don't need to worry about anything."

workindev

10/30/14 10:36am

Honestly, the best case scenario is that you find another job before the layoff,

Ragnar Danneskjold

10/30/14 10:52am

Easy response: I'm SUPER effective and UBER vital! there, i just saved your job

fattycoug

10/30/14 10:56am

Ha! We're coworkers!

purplmonkeydishwashr

10/30/14 10:56am

Tax and accounting and hr are always chopped to pieces in acquisitions

CSoul

10/30/14 10:57am

consolidation always happens and usually at the mother ship.

OC_Ute

10/30/14 12:36pm

After a merger or acquisition, when someone tells you "not to worry, your job is

10/30/14 1:23pm

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