What is the name of your state?California
Yesterday, I was handed an unsigned letter by my manager, his name was typed in. It said do to declining business conditions my Director's position was eliminated effective that day. He detailed 2 options. Telling me to take a week to consider these. (That makes no sense to me, the date of effectiveness was yesterday.) Strange?
Options
1) Take a "voluntary" termination with some severance (=5 weeks), payment of which was to be determined. No mention of accrued vacation, no mention of accrued pre-tax medical expense cafeteria plan dollars, only of that he would pay my med insurance for two more months, should I not have employment as of my termination date. (I know that does not make sense to me either.)
or
2) be considered via a discussion for a part time business development position, no specific compensation mentioned, but many vague stipulations regarding my exceptance, generally along the lines that I would not give him any trouble, just shut up & do whatever I'm told. Given the numerous references to this type of thing in the letter, this seems to be at least 50% of the reason for this action.
Option 2 seems an untennable situation for me to really consider and its vague to say the least. I really have only Option 1.
My questions are;
What the heck is voluntary termination? There's nothing voluntary about this.
Monday, if I go in and except Option 1, doesn't he have to pay me immediately, that day, as its his action, the severance offered & vacation?
Or does his offer to "discuss" (his written words) let him off as to timing of the payment to me?
What about those pre-tax medical plan dollars? Do I lose them?
Yesterday, I was handed an unsigned letter by my manager, his name was typed in. It said do to declining business conditions my Director's position was eliminated effective that day. He detailed 2 options. Telling me to take a week to consider these. (That makes no sense to me, the date of effectiveness was yesterday.) Strange?
Options
1) Take a "voluntary" termination with some severance (=5 weeks), payment of which was to be determined. No mention of accrued vacation, no mention of accrued pre-tax medical expense cafeteria plan dollars, only of that he would pay my med insurance for two more months, should I not have employment as of my termination date. (I know that does not make sense to me either.)
or
2) be considered via a discussion for a part time business development position, no specific compensation mentioned, but many vague stipulations regarding my exceptance, generally along the lines that I would not give him any trouble, just shut up & do whatever I'm told. Given the numerous references to this type of thing in the letter, this seems to be at least 50% of the reason for this action.
Option 2 seems an untennable situation for me to really consider and its vague to say the least. I really have only Option 1.
My questions are;
What the heck is voluntary termination? There's nothing voluntary about this.
Monday, if I go in and except Option 1, doesn't he have to pay me immediately, that day, as its his action, the severance offered & vacation?
Or does his offer to "discuss" (his written words) let him off as to timing of the payment to me?
What about those pre-tax medical plan dollars? Do I lose them?