[ARCHIVED THREAD] - Voluntary layoff = FSA ? (Page 1 of 2)
Posted: 12/5/2012 7:08:56 AM EDT
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The place I work posted a layoff for 6 weeks.
They took volunteers first. I took the layoff and they will not contest unemployment pay. Someone would be off either way. Since I volunteered does that make me part of the FSA? |
| Your employer pays into an unemployment insurance fund on your behalf. Collecting it - especially if it is uncontested - isn't FSA. They've already paid into it and won't be getting it back if you don't take it. It's basically a severance packaged managed by political hacks. If you wanted to make sure, you could calculate how much they paid in based on your length of service and percent of salary so you know how much you're entitled to rather than <FAS> "entitled" </FAS> to. |
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Quoted: The place I work posted a layoff for 6 weeks. They took volunteers first. I took the layoff and they will not contest unemployment pay. Someone would be off either way. Since I volunteered does that make me part of the FSA? IDK, but I would fucking LOVE to have 6 weeks off right now I'll admit that when some folks I know in trade unions who have to take 4+ months off, every year, tell me about their vacations and hunting trips...I get a little jealous and think to myself: "WTF am I doing?, I should go bang on pipes"Speed |
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Quoted: So, you want to be a turd herder?Quoted: The place I work posted a layoff for 6 weeks. They took volunteers first. I took the layoff and they will not contest unemployment pay. Someone would be off either way. Since I volunteered does that make me part of the FSA? IDK, but I would fucking LOVE to have 6 weeks off right now I'll admit that when some folks I know in trade unions who have to take 4+ months off, every year, tell me about their vacations and hunting trips...I get a little jealous and think to myself: "WTF am I doing?, I should go bang on pipes"Speed |
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Quoted: Quoted: So, you want to be a turd herder?Quoted: The place I work posted a layoff for 6 weeks. They took volunteers first. I took the layoff and they will not contest unemployment pay. Someone would be off either way. Since I volunteered does that make me part of the FSA? IDK, but I would fucking LOVE to have 6 weeks off right now I'll admit that when some folks I know in trade unions who have to take 4+ months off, every year, tell me about their vacations and hunting trips...I get a little jealous and think to myself: "WTF am I doing?, I should go bang on pipes"Speed Lol, I was thinking of the guys I know in Steamfitters, but ya, sometimes chasing the "American Dream" is fucking tiring Speed |
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I would never take a voluntary layoff. We had a bunch of people do that so they could coast into retirement. Ya, entirely depends on the situation. We had a manager a few years ago who was pregnant, she went on maternity leave, came back for a couple months, then took a layoff where she was paid for another year or so because of her tenure. She volunteered so she could spend more time with her new baby, knowing that it ws likely she could get another position within the company in the mean time since they give preference to people who are on layoff over anyone else. |
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The place I work posted a layoff for 6 weeks. They took volunteers first. I took the layoff and they will not contest unemployment pay. Someone would be off either way. Since I volunteered does that make me part of the FSA? IDK, but I would fucking LOVE to have 6 weeks off right now I'll admit that when some folks I know in trade unions who have to take 4+ months off, every year, tell me about their vacations and hunting trips...I get a little jealous and think to myself: "WTF am I doing?, I should go bang on pipes"Speed I must be doing something wrong then...been fully employed for the last 27 years banging on pipes.... |
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You have paidi nto it so go ahead and collect.
I am anticipating layoffs at my job but am in an odd position, so I am looking forward to them, I will take a hit so someone who needs the job can stay on. Plus I want to cash in my retirement funds before the taxes go up. |
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Quoted: You have paidi nto it so go ahead and collect. I am anticipating layoffs at my job but am in an odd position, so I am looking forward to them, I will take a hit so someone who needs the job can stay on. Plus I want to cash in my retirement funds before the taxes go up. The employer pays into it, not the employee. |
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Quoted: Quoted: You have paidi nto it so go ahead and collect. I am anticipating layoffs at my job but am in an odd position, so I am looking forward to them, I will take a hit so someone who needs the job can stay on. Plus I want to cash in my retirement funds before the taxes go up. The employer pays into it, not the employee. In PA, both the employer and employee pay into the Unemployment Compensation fund. Speed |
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You have paidi nto it so go ahead and collect. I am anticipating layoffs at my job but am in an odd position, so I am looking forward to them, I will take a hit so someone who needs the job can stay on. Plus I want to cash in my retirement funds before the taxes go up. The employer pays into it, not the employee. Employers can afford to pay so much overall per employee. The employee's salary isn't the only expense - there is also UC, WC, FICA, health insurance, paid leave, etc. If UC and WC weren't mandatory the employer would be free to pay the employee that money. |
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Quoted: The place I work posted a layoff for 6 weeks. They took volunteers first. I took the layoff and they will not contest unemployment pay. Someone would be off either way. Since I volunteered does that make me part of the FSA? If you have been paying taxes for years, then consider it a tax refund. If you have not, then yes, you are part of the FSA. |
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The place I work posted a layoff for 6 weeks. They took volunteers first. I took the layoff and they will not contest unemployment pay. Someone would be off either way. Since I volunteered does that make me part of the FSA? No. You payed taxes. Unemployment is part of that. What makes you FSA is if you don't use unemployment the way it's supposed to be used. Looking for a job is really a full time job. Use the money and benefits until you get the job you need to support your family. Good luck! |
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I'm 48 and have been working since I was 13.
I have been at the current job for 19 years. The company has to call me back by January 14th if a longer layoff is needed I could volunteer again or they would layoff a junior employee. I'm healthy, divorced and my Ex wife covers our 19 year old son on her insurance plan. I can use V.A. healthcare if needed. A junior employee would probably have to pick up COBRA insurace if needed. |
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Voluntary layoff = FSA ?
It all depends on whether you had to sign a non-competition, non-disclosure agreements. Otherwise you and your friends can just go across the street, set up a competitive business to theirs, steal all their customers, undercut their rates, and watch them slowly sink into the pavement. |
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Voluntary layoff = FSA ?
It all depends on whether you had to sign a non-competition, non-disclosure agreements. Otherwise you and your friends can just go across the street, set up a competitive business to theirs, steal all their customers, undercut their rates, and watch them slowly sink into the pavement. YOu generally have to have money to start up a business. |
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No. The intent isn't there. If your intent is to take a 6 week vacation because you can get free money then you are straddling the FSA side of the line. That said, I don't mind people using unemployment insurance. You paid for it.
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The place I work posted a layoff for 6 weeks. They took volunteers first. I took the layoff and they will not contest unemployment pay. Someone would be off either way. Since I volunteered does that make me part of the FSA? |
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I'm currently under a 5 year no-comp.... 3 years, 7 months to go.
The acquiring entity knew me well.
Quoted:
Voluntary layoff = FSA ?
It all depends on whether you had to sign a non-competition, non-disclosure agreements. Otherwise you and your friends can just go across the street, set up a competitive business to theirs, steal all their customers, undercut their rates, and watch them slowly sink into the pavement. |
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Quoted: Quoted: Quoted: I would never take a voluntary layoff. We had a bunch of people do that so they could coast into retirement. Ya, entirely depends on the situation. We had a manager a few years ago who was pregnant, she went on maternity leave, came back for a couple months, then took a layoff where she was paid for another year or so because of her tenure. She volunteered so she could spend more time with her new baby, knowing that it ws likely she could get another position within the company in the mean time since they give preference to people who are on layoff over anyone else. We had a guy a couple of years ago, he had already found another job and was looking to move on, one of our managers asked him if he wanted to take the layoff and the severance instead of just resigning. Saved a job that day. He ended up going to his new job with 3+ month of severance from the old company + paychecks from his new job ... and everyone else got to keep their jobs. Not a bad deal. |
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Can we please dispel this myth of "you paid" for unemployment insurance? You employer paid money to the govt and the govt gave it to people currently unemployed. It is like SS, your money is handed over to someone else. The money isn't in an account for you. Thank you! I'd collect if I needed to but it is just like any other government benefit. |
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Can we please dispel this myth of "you paid" for unemployment insurance? You employer paid money to the govt and the govt gave it to people currently unemployed. It is like SS, your money is handed over to someone else. The money isn't in an account for you. +1 |
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The place I work posted a layoff for 6 weeks. They took volunteers first. I took the layoff and they will not contest unemployment pay. Someone would be off either way. Since I volunteered does that make me part of the FSA? I think you are a dumbass for taking the voluntary layoff because you end up burning the compensation your employer paid for when you didn't have to. The benefits are generous right now but they won't be forever.... Most states are out of money in their unemployment funds and are borrowing, at interest, from the federal government to keep things going. Eventually the feds are going to pull the states off that tit, and you will have burned up 6 weeks of your unemployment that you'll need for later. But, yeah, you're a dumbass and a complicit Dumbass for agreeing to Conspire with your employer to raid the public treasury to get your employer temporarily out of a jam. There's no nice way to put this-you are stealing benefits from people who legitimately need them so that your employer can avoid having to deal with bad decisions they made. That good faith you put forward to 'take one for the team' won't buy you a cookie when you find you can't come back or get laid off for real in 4 or 5 months and can't find a job. If I were you, I'd spend the time looking for a better employer-yo don't want to be doing this 2 years from now after all your weeks of Unemployment are burned up and you are competing for the same job with your former coworkers.
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Your employer pays into an unemployment insurance fund on your behalf. Collecting it - especially if it is uncontested - isn't FSA. They've already paid into it and won't be getting it back if you don't take it. It's basically a severance packaged managed by political hacks. If you wanted to make sure, you could calculate how much they paid in based on your length of service and percent of salary so you know how much you're entitled to rather than <FAS> "entitled" </FAS> to. That insurance fund isn't supposed to be a crutch or tool employers get to use to get them past the short term rough patches. Way too much room for abuse. |
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You have paidi nto it so go ahead and collect. I am anticipating layoffs at my job but am in an odd position, so I am looking forward to them, I will take a hit so someone who needs the job can stay on. Plus I want to cash in my retirement funds before the taxes go up. The employer pays into it, not the employee. That might hold water if the states UE funds were solvent and the .fedgov weren't floating them money. |
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I think you are a dumbass for taking the voluntary layoff because you end up burning the compensation your employer paid for when you didn't have to. The benefits are generous right now but they won't be forever.... Most states are out of money in their unemployment funds and are borrowing, at interest, from the federal government to keep things going. Eventually the feds are going to pull the states off that tit, and you will have burned up 6 weeks of your unemployment that you'll need for later. But, yeah, you're a dumbass and a complicit Dumbass for agreeing to Conspire with your employer to raid the public treasury to get your employer temporarily out of a jam. There's no nice way to put this-you are stealing benefits from people who legitimately need them so that your employer can avoid having to deal with bad decisions they made. That good faith you put forward to 'take one for the team' won't buy you a cookie when you find you can't come back or get laid off for real in 4 or 5 months and can't find a job. If I were you, I'd spend the time looking for a better employer-yo don't want to be doing this 2 years from now after all your weeks of Unemployment are burned up and you are competing for the same job with your former coworkers. ![]() WOW OK I hope that makes you feel better about yourself, The company had a choice to fire people or to lay some off during a slow time. They chose to lay people off. If they fired them wouldn't they still collect unemployment? The company posted a list xxx amount will be off. I volunteered to be one. |
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I think you are a dumbass for taking the voluntary layoff because you end up burning the compensation your employer paid for when you didn't have to. The benefits are generous right now but they won't be forever.... Most states are out of money in their unemployment funds and are borrowing, at interest, from the federal government to keep things going. Eventually the feds are going to pull the states off that tit, and you will have burned up 6 weeks of your unemployment that you'll need for later. But, yeah, you're a dumbass and a complicit Dumbass for agreeing to Conspire with your employer to raid the public treasury to get your employer temporarily out of a jam. There's no nice way to put this-you are stealing benefits from people who legitimately need them so that your employer can avoid having to deal with bad decisions they made. That good faith you put forward to 'take one for the team' won't buy you a cookie when you find you can't come back or get laid off for real in 4 or 5 months and can't find a job. If I were you, I'd spend the time looking for a better employer-yo don't want to be doing this 2 years from now after all your weeks of Unemployment are burned up and you are competing for the same job with your former coworkers. ![]() WOW OK I hope that makes you feel better about yourself, The company had a choice to fire people or to lay some off during a slow time. They chose to lay people off. If they fired them wouldn't they still collect unemployment? The company posted a list xxx amount will be off. I volunteered to be one. They can't deny you unemployment compensation unless you were Fired For Cause. Being Laid Off or Let Go is not the same as being Fired. Maybe your thread hit a nerve, things are pretty bad here in Detroit's job market and I know a LOT of people gaming the system right now. Sorry if it got your panties in a wad, but there is no good to come from walking away from a perfectly good job to get your employer thru a slow period. Aside from the personal cost (and risk) to you, all this does is keep your employer from making the hard choices he needs to cut unproductive employees to improve his profitability. He's running an inefficient organization right now and using money intended for real people in need to not have to run his business like the tight ship it needs to be. |
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I think you are a dumbass for taking the voluntary layoff because you end up burning the compensation your employer paid for when you didn't have to. The benefits are generous right now but they won't be forever.... Most states are out of money in their unemployment funds and are borrowing, at interest, from the federal government to keep things going. Eventually the feds are going to pull the states off that tit, and you will have burned up 6 weeks of your unemployment that you'll need for later. But, yeah, you're a dumbass and a complicit Dumbass for agreeing to Conspire with your employer to raid the public treasury to get your employer temporarily out of a jam. There's no nice way to put this-you are stealing benefits from people who legitimately need them so that your employer can avoid having to deal with bad decisions they made. That good faith you put forward to 'take one for the team' won't buy you a cookie when you find you can't come back or get laid off for real in 4 or 5 months and can't find a job. If I were you, I'd spend the time looking for a better employer-yo don't want to be doing this 2 years from now after all your weeks of Unemployment are burned up and you are competing for the same job with your former coworkers. ![]() WOW OK I hope that makes you feel better about yourself, The company had a choice to fire people or to lay some off during a slow time. They chose to lay people off. If they fired them wouldn't they still collect unemployment? The company posted a list xxx amount will be off. I volunteered to be one. They can't deny you unemployment compensation unless you were Fired For Cause. Being Laid Off or Let Go is not the same as being Fired. Maybe your thread hit a nerve, things are pretty bad here in Detroit's job market and I know a LOT of people gaming the system right now. Sorry if it got your panties in a wad, but there is no good to come from walking away from a perfectly good job to get your employer thru a slow period. Aside from the personal cost (and risk) to you, all this does is keep your employer from making the hard choices he needs to cut unproductive employees to improve his profitability. He's running an inefficient organization right now and using money intended for real people in need to not have to run his business like the tight ship it needs to be. So better he stay and someone who perhaps can't afford to lose a job is laid off? Some times business make bad decisions. Some times the economy tanking is the cause of having to release people. I have had to lay off people before when there is no other option and it wasn't because the company made bad decisions, it was because the housing market dried up and lumber sales dropped. For another company, flooding in the midwest cause most equipment orders to be canceled. And more recently people spending less money on electronics and need for our products dropping. Only fault of the business was trying to grow to meet demand only to have the demand go away. If the OP saved a job for someone else, good for him. Take the money and do something good with it. Go to school, get training, something to improve your marketability. As for unemployment, state funds are self sufficient until the feds extend the benefits past 26 weeks. Then the states run out of money. Our unemployment tax rate goes up the more people that get laid off. For us, that is a significant amount of money and we do all we can to avoid those situations. But sometimes we have to let people go. Much better for everyone if we can let people go that want to leave. Those people remaining see that the company can be compassionate which makes their work life better. Not a perfect world but better than a tap on the shoulder by a manager and being told your job is done. |
| They are considering doing thay where I work(they keep going back and forth on it) but its only for a couple weeks around the holidays, they are also offering unemployment, I am trying to avoid it..but depending on how things go might have to take at least a couple days off. |
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I think you are a dumbass for taking the voluntary layoff because you end up burning the compensation your employer paid for when you didn't have to. The benefits are generous right now but they won't be forever.... Most states are out of money in their unemployment funds and are borrowing, at interest, from the federal government to keep things going. Eventually the feds are going to pull the states off that tit, and you will have burned up 6 weeks of your unemployment that you'll need for later. But, yeah, you're a dumbass and a complicit Dumbass for agreeing to Conspire with your employer to raid the public treasury to get your employer temporarily out of a jam. There's no nice way to put this-you are stealing benefits from people who legitimately need them so that your employer can avoid having to deal with bad decisions they made. That good faith you put forward to 'take one for the team' won't buy you a cookie when you find you can't come back or get laid off for real in 4 or 5 months and can't find a job. If I were you, I'd spend the time looking for a better employer-yo don't want to be doing this 2 years from now after all your weeks of Unemployment are burned up and you are competing for the same job with your former coworkers. ![]() WOW OK I hope that makes you feel better about yourself, The company had a choice to fire people or to lay some off during a slow time. They chose to lay people off. If they fired them wouldn't they still collect unemployment? The company posted a list xxx amount will be off. I volunteered to be one. They can't deny you unemployment compensation unless you were Fired For Cause. Being Laid Off or Let Go is not the same as being Fired. Maybe your thread hit a nerve, things are pretty bad here in Detroit's job market and I know a LOT of people gaming the system right now. Sorry if it got your panties in a wad, but there is no good to come from walking away from a perfectly good job to get your employer thru a slow period. Aside from the personal cost (and risk) to you, all this does is keep your employer from making the hard choices he needs to cut unproductive employees to improve his profitability. He's running an inefficient organization right now and using money intended for real people in need to not have to run his business like the tight ship it needs to be. lol umad |
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I'm 48 and have been working since I was 13. I have been at the current job for 19 years. The company has to call me back by January 14th if a longer layoff is needed I could volunteer again or they would layoff a junior employee. I'm healthy, divorced and my Ex wife covers our 19 year old son on her insurance plan. I can use V.A. healthcare if needed. A junior employee would probably have to pick up COBRA insurace if needed. Are you a pilot? Serious question. |
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Maybe your thread hit a nerve, things are pretty bad here in Detroit's job market and I know a LOT of people gaming the system right now. Sorry if it got your panties in a wad, but there is no good to come from walking away from a perfectly good job
I have my big boy underoos on so not much is bothering me. You however appear to be stressed. Do you need a hug? |
I'll admit that when some folks I know in trade unions who have to take 4+ months off, every year, tell me about their vacations and hunting trips...I get a little jealous and think to myself: "WTF am I doing?, I should go bang on pipes"