Thread regarding U.S. Bank layoffs

LTI if laid off

Is LTI kept and paid or do we lose it?


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Post ID: @OP+1kyt3t4v8

9 replies (most recent on top)

I read remote call center reps are not entitled to severance is this true? Even with YEARRRRSSS there

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Post ID: @ja+1kyt3t4v8

@b8 Google U.S. Bank Severance. Or look it up in total rewards.

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Post ID: @hk+1kyt3t4v8

If you are 55 or over and are employed through September 1st you will keep it and it will pay in full on December 8th!

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Post ID: @dw+1kyt3t4v8

@be I remember now, you had to be employed past September or October to be eligible for LTI, they recently changed that rule

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Post ID: @bh+1kyt3t4v8

@b8 look it up in Your Total Rewards. That's the only place it is to my knowledge.

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Post ID: @bg+1kyt3t4v8

LTI is not part of severance. You lose it. The bonus is prorated. I know, I was laid off 6 weeks ago!

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Post ID: @be+1kyt3t4v8

What is the severance policy, in a nutshell anyone know where I can find it or what it entails...

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Post ID: @b8+1kyt3t4v8

@at How do you pro-rate LTI?

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Post ID: @b7+1kyt3t4v8

It is in the severance policy - if I'm correct, it is prorated and you will not get it early and have to wait for the actual disbursement date.

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Post ID: @at+1kyt3t4v8

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