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alli3131
Peanut is here!!!!!!
Member since 5/09 18388 total posts
Name:
Allison
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Loosing my job - question at bottom about the negotiation.
You don't lose your right to unemployment. The paper you sign is basically saying you will not file an employment claim.
They don't pay unemployment if you file. Companies pay into unemployment fund while you are working for them. So if you file or not does not affect them.
Unemployment office will not let you collect until your 4 months are over. They consider it almost like you are working cause you got 4 months salary.
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Posted 4/1/16 5:54 PM  |
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Bridex100
Two Under Two Mommy
Member since 3/08 10420 total posts
Name:
Momx100
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Re: Loosing my job - question at bottom about the negotiation.
Posted by alli3131
You don't lose your right to unemployment. The paper you sign is basically saying you will not file an employment claim.
They don't pay unemployment if you file. Companies pay into unemployment fund while you are working for them. So if you file or not does not affect them.
Unemployment office will not let you collect until your 4 months are over. They consider it almost like you are working cause you got 4 months salary.
If you get a lump sum payment, you can collect unemployment after a week. i.e. If you get paid 4 months or $40,000 at the time you sign the agreement, you don't have to wait for the 4 months the 40k was supposed to represent.
I had to terminate a few people at my last job and I did the unemployment paperwork. They always asked when the last payment was made, not what it represented.
If I were you, I would ask for 4 months severance pay and stop working. In this case you could collect unemployment while looking for a job on top of getting the 4 months of pay upfront.
Message edited 4/1/2016 6:47:19 PM.
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| Posted 4/1/16 6:44 PM |
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Re: Loosing my job - question at bottom about the negotiation.
Posted by Bridex100
Posted by alli3131
You don't lose your right to unemployment. The paper you sign is basically saying you will not file an employment claim.
They don't pay unemployment if you file. Companies pay into unemployment fund while you are working for them. So if you file or not does not affect them.
Unemployment office will not let you collect until your 4 months are over. They consider it almost like you are working cause you got 4 months salary.
If you get a lump sum payment, you can collect unemployment after a week. i.e. If you get paid 4 months or $40,000 at the time you sign the agreement, you don't have to wait for the 4 months the 40k was supposed to represent.
I had to terminate a few people at my last job and I did the unemployment paperwork. They always asked when the last payment was made, not what it represented.
If I were you, I would ask for 4 months severance pay and stop working. In this case you could collect unemployment while looking for a job on top of getting the 4 months of pay upfront.
I believe NYS recently changed this. Even if it is a lump sum they will make you wait to collect benefits.
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| Posted 4/1/16 6:50 PM |
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Bridex100
Two Under Two Mommy
Member since 3/08 10420 total posts
Name:
Momx100
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Re: Loosing my job - question at bottom about the negotiation.
Posted by haveaquestion
Posted by Bridex100
Posted by alli3131
You don't lose your right to unemployment. The paper you sign is basically saying you will not file an employment claim.
They don't pay unemployment if you file. Companies pay into unemployment fund while you are working for them. So if you file or not does not affect them.
Unemployment office will not let you collect until your 4 months are over. They consider it almost like you are working cause you got 4 months salary.
If you get a lump sum payment, you can collect unemployment after a week. i.e. If you get paid 4 months or $40,000 at the time you sign the agreement, you don't have to wait for the 4 months the 40k was supposed to represent.
I had to terminate a few people at my last job and I did the unemployment paperwork. They always asked when the last payment was made, not what it represented.
If I were you, I would ask for 4 months severance pay and stop working. In this case you could collect unemployment while looking for a job on top of getting the 4 months of pay upfront.
I believe NYS recently changed this. Even if it is a lump sum they will make you wait to collect benefits.
I didn't realize they changed it. In DC last year, you could still collect one week after.
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| Posted 4/1/16 6:54 PM |
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Budjeg11
LIF Adult
Member since 4/11 2644 total posts
Name:
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Re: Loosing my job - question at bottom about the negotiation.
Posted by Bridex100
Posted by haveaquestion
Posted by Bridex100
Posted by alli3131
You don't lose your right to unemployment. The paper you sign is basically saying you will not file an employment claim.
They don't pay unemployment if you file. Companies pay into unemployment fund while you are working for them. So if you file or not does not affect them.
Unemployment office will not let you collect until your 4 months are over. They consider it almost like you are working cause you got 4 months salary.
If you get a lump sum payment, you can collect unemployment after a week. i.e. If you get paid 4 months or $40,000 at the time you sign the agreement, you don't have to wait for the 4 months the 40k was supposed to represent.
I had to terminate a few people at my last job and I did the unemployment paperwork. They always asked when the last payment was made, not what it represented.
If I were you, I would ask for 4 months severance pay and stop working. In this case you could collect unemployment while looking for a job on top of getting the 4 months of pay upfront.
I believe NYS recently changed this. Even if it is a lump sum they will make you wait to collect benefits.
I didn't realize they changed it. In DC last year, you could still collect one week after.
I was going to say the same thing as Bridex.. but didn't realize they changed the law.. my experience with this dates back 3 years.
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| Posted 4/2/16 12:25 AM |
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Re: Loosing my job - question at bottom about the negotiation.
It looks like it changed in 2014
http://www.syracuse.com/news/index.ssf/2014/01/terminated_workers_receiving_severance_pay_can_no_longer_collect_unemployment_be.html
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| Posted 4/2/16 8:59 AM |
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Paramount
Sweet!
Member since 7/12 4287 total posts
Name:
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Loosing my job - update at top
Bump
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| Posted 4/2/16 2:25 PM |
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