Wednesday, July 23, 2008

Pechanga Casino Layoffs: Severance Package

Reportedly, details still being worked out on a severance package. Let's see if we can help Pechanga fill that requirement. Please comment on what your company provides for severance.

Mine allows a fair package:

1 week pay for each of the first 5 years
2 weeks for each subsequent year.
All remaining vacation time
Accrued vacation.
Assistance with finding a new job.

So somebody with 12 years should get 19 weeks pay plus vacations. During that time, they can pay into COBRA to maintain their health coverage.

WHAT WOULD YOUR COMPANY ALLOW? What should Pechanga do?
Post a Comment