Closing Bonus , What’s the facts?

Jul 31, 2011 18:36



Liquidators will promise the world to try to get people to
not quit but what’s the real story about the closing bonus? From any stores that closed how much did you
receive, was it 2 weeks pay? 1 week pay?

Was it taxed into a smaller amount that you expected?

Did the liquidator make any other promises to keep people
from not quitting?

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Comments 56

lots of things were promised anonymous July 31 2011, 22:47:01 UTC
Lots of things were threatened. In the end it all came to nothing. No threats were followed through, no promises kept.

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Lots of things were threatened?? hurtfeelings66 July 31 2011, 22:54:48 UTC
Anonymous said "Lots of things were threatened", what was threatened?

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Re: Lots of things were threatened?? hurtfeelings66 July 31 2011, 23:16:41 UTC
If you left before you were released, you wouldn't get unemployment. No references would be allowed. You'd be kept on, but wouldn't get any hours but still would not be released. If you left for other employment, your new employer would be told you were not eligible for retire (you'd been fired, and lied to your new employer about it). That's not all, but certainly enough to show the pattern.
As stated, threatened, but not followed through.

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Re: Lots of things were threatened?? hurtfeelings66 July 31 2011, 23:19:43 UTC
That's re-hire, not retire.

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Re: Lots of things were threatened?? hurtfeelings66 July 31 2011, 23:40:09 UTC
If you wilfully separate from the company, you won't get unemployment, but it doesn't mean your employer won't be available for a reference. However, I knew people who gave their 2 weeks notice who were denied hours by the liquidator, but only because life goes on and there are so many others who are clamoring for hours! It's only fair to the people left behind who have to deal with this harrowing situation. Anyone who's reasonable and not completely self-absorbed will understand that.

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anonymous August 1 2011, 00:55:16 UTC
Fuck it....everyone know's Borders declared bankruptcy....can't imagine any state would deny you unemployment.

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employee release dates bookboss83 August 1 2011, 01:01:54 UTC
The liquidators decide who gets cut when. You (as a GM) are not allowed to release anyone before their date and no one is allowed to work past their date. All "job abandoments" or "resignments" are to be reported to HR.

I have told all of my employees that I completely understand if they need to quit. Most of us have families that have to come first. I have a few that are just planning on hanging on til the bitter end so they can get unemployment. As much as I hate the idea of leaving my team, I have a responsibility as the sole wage earner in my household to provide for my family. Everyone at my store (liquidator excluded) knows I am actively searching for a job and should one come up, will be taking it. If I can't find anything, I'll just chill out on unemployment and let them pay me to finish my Bachelors Degree :)

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Re: employee release dates bookboss83 August 1 2011, 02:14:06 UTC
If you are on unemployment you have to file with the unemployment office at least 3 job contacts/week to remain elgible foir benefits. The contacts can be simply 3 jobs applied for that week. You can't just sit on your azz and collect. You have to document your job contacts and may be called in for an audit. I luckily never was audited but a friend was.

The day you are officially let go, go to the unemployment office that day. Filing takes a couple weeks to process before you get benefits. Don't make the mistake I made of thinking you have to wait a month to file. File the very first day you are unemployed.

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Re: employee release dates rush_808 August 1 2011, 03:21:56 UTC
You're worried about the three job applications a week requirement? Didn't you learn anything from George? There are ways around this...

"THIS is your daughter? My God! I hope you don't mind my saying... She is BREATHTAKING!"


... )

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Re: employee release dates fraudoktorclams August 1 2011, 04:33:49 UTC
Unemployment rules vary from state to state. I don't have to file anything about applying for jobs or document anything.

All I have to do is fill out an online claim every 2 weeks with 6 questions on it, and I haven't once set foot in the actual unemployment office. Everything can be done online or over the phone.

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anonymous August 1 2011, 01:17:13 UTC
Don't sweat it...you are losing your job. How it happens is immaterial. Apply for unemployment and start looking for another job.

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