Get the app
TCS
TCS
on
JumpyBagel
JumpyBagel
6mo
by
TCS

Are TCS giving severance pay to everyone one of my friends asked to resign and offered nothing.he was on bench for 4 month.

6mo ago
FuzzyBiscuit
FuzzyBiscuit
TCS
6mo

Layoff is different, firing because of aging unallocated is different. Layoff (planned and executed) has severance pay, all other cases don’t.

JumpyBagel
JumpyBagel
TCS
6mo

So if we are unallocated for longer time then there in no severance pay?

ZoomyBoba
ZoomyBoba
TCS
6mo

How much is severance pay ?

JazzyMuffin
JazzyMuffin
TCS
6mo

Good for him. 🥺 lucky guy

JumpyBagel
JumpyBagel
TCS
6mo

Why?

PerkyUnicorn
PerkyUnicorn
TCS
6mo

Why lucky? Fired / force resigned with severance is better than no severance.

ZippyNugget
ZippyNugget
TCS
6mo

He will get severance pay when they asked to resign within 10 days about 3 months salary

PerkyNugget
PerkyNugget
TCS
6mo

Under fluidity list? Yes Under deployment policy? No. In both the cases associates are informed under which category/policy they fall.

FluffyUnicorn
FluffyUnicorn
TCS
6mo

Yes from what I heard and saw there are severance being offered. Please ask him to check with HR

Discover more
Curated from across