4 ms·

How are they not triggering the WARN act? 15,000 is a lot more than the 100 that it requires.

WestCoastJustin 13y ago
The Worker Adjustment and Retraining Notification Act (WARN) protects workers, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of plant closings and mass layoffs. [1] I assume Dell is dealing with the WARN act's 60 days notification by including 60 days paid leave in the severance package. The article says that "the severance package includes two months' pay plus an extra week for each year in Dell's employ, a bonus at 75 percent, health insurance for 18 months in the U.S. and some outplacement services at least stateside." [1] http://www.dol.gov/compliance/laws/comp-warn.htm http://www.dol.gov/compliance/laws/comp-warn.htm
- toomuchtodo 13y ago
  That's a crazy amount of COBRA/health insurance severance. Not saying its a bad thing, you just don't see it that often.
  - jlgaddis 13y ago
    As an ex-employee, you're entitled to the 18 months by law. The difference here is that Dell is apparently paying for it, not the employee (although maybe that's what you were referring to as the "crazy" part).
    - toomuchtodo 13y ago
      > although maybe that's what you were referring to as the "crazy" part Yes. To be frank, in my mind, that offsets a lot of ill will toward the layoffs. Sure, you're getting let go. But you'll have almost 2 years of health insurance paid for, and unemployment for at least a year (plus severance). Not that bad of a deal.
      - adanto6840 13y ago
        Yeah, that's a whole lot of cash to be paying out, especially times 15,000! Even over two years, its a LOT. Has to be at least $100 million I'd think, possibly even just in the insurance cost alone, not to mention the direct severance compensation too. Very respectful & respectable package IMO, probably why the news was released on a Monday, eh? ;-)
        toomuchtodo 13y ago
        Luckily for Dell, the health insurance is going to be a straight business deduction.

The Worker Adjustment and Retraining Notification Act (WARN) protects workers, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of plant closings and mass layoffs. [1] I assume Dell is dealing with the WARN act's 60 days notification by including 60 days paid leave in the severance package. The article says that "the severance package includes two months' pay plus an extra week for each year in Dell's employ, a bonus at 75 percent, health insurance for 18 months in the U.S. and some outplacement services at least stateside." [1] http://www.dol.gov/compliance/laws/comp-warn.htm http://www.dol.gov/compliance/laws/comp-warn.htm

toomuchtodo 13y ago
That's a crazy amount of COBRA/health insurance severance. Not saying its a bad thing, you just don't see it that often.
- jlgaddis 13y ago
  As an ex-employee, you're entitled to the 18 months by law. The difference here is that Dell is apparently paying for it, not the employee (although maybe that's what you were referring to as the "crazy" part).
  - toomuchtodo 13y ago
    > although maybe that's what you were referring to as the "crazy" part Yes. To be frank, in my mind, that offsets a lot of ill will toward the layoffs. Sure, you're getting let go. But you'll have almost 2 years of health insurance paid for, and unemployment for at least a year (plus severance). Not that bad of a deal.
    - adanto6840 13y ago
      Yeah, that's a whole lot of cash to be paying out, especially times 15,000! Even over two years, its a LOT. Has to be at least $100 million I'd think, possibly even just in the insurance cost alone, not to mention the direct severance compensation too. Very respectful & respectable package IMO, probably why the news was released on a Monday, eh? ;-)
      - toomuchtodo 13y ago
        Luckily for Dell, the health insurance is going to be a straight business deduction.