questions to ask during the layoff session ~ Deloitte Consulting Forum

So far we've heard only a total of 20 lay-offs in the Northeast, Washington and CA this weekend? Are there anymore we don't know?

While this isn't a qiestion to ask versus a recommendation, if you do get the fateful call for your meeting, immediately go to DTE and adjust any PTO to become GAA for that calendar year. No one is going to look at this and you won't have a chance to modify it after your meeting. And if you were wrong about the meeting, change it back. Think about it, what is the downside???

You must be crazy. It does not work.

When you go to the meeting, HR already has your PTO calculated and just confirmm with you the hours that you've got along with the discussion of how many weeks of severance you'll get. If all of a sudden your hours changed, that will be a red flag.

Guest

It actually did work, changed hours like 10min after got the invite from 24h left to like 80!! awesome pocket money dudes

Can't believe someone else found that trick and is spilling the beans Laughing

Goddamnit! Why didn't I think of that? Honesty didn't help me out. I got a shitty severance package and need all the freakin help I could get from these fuckers!

Guest

HR had my PTO hours in the layoff meeting. I think they are aware of people who may have done this...so now they bring your hrs to the mtg. HR even told me to print out my hrs in case my PTO payout check was wrong somehow.

BTW, Your local HR rep won't know as much as 1-800 deloitte who i found to be very helpful. HR is a little overwhelmed right now with year end and layoffs and all that. Plus, they're sitting there with this formal letter that was written by legal at a national level that they have to go through. So, there's not much they can say/do beyond that letter. The main topics are covered by HR and the national letter... and a few small other questions I had were too idiosyncratic for local HR to know. But, 1-800 deloitte still will talk to you & I could tell the person I talked to felt bad and she was extremely nice. It's easier to deal with questions a few days later in the privacy of your own home than to have to ask them in that meeting. Nothing will really change from what is on the formal letter anyway.

Right. So for most people this conversation should not be a huge surprise. Just keep your PTO at a minimum all of the time - once you get staffed on something you can always go back and change it back fro gaa. Trust me, their is no difference with how.it impacts the firm's internal financials (unlike changing it to a project code). Its only your money... I left w/ a full year of pto!

Guest

2 SCs in my office were realigned today. The trend continues...laying off a couple of folks each week until headcount is right sized..

Do you mind sharing which office?

[quote="Anonymous"] Just keep your PTO at a minimum all of the time - [quote]

Yeah, that's what I'd say too. And the reality is... 1/2 the time I took PTO, someone was still emailing / calling me about something firm related. I still spent a few hrs per day on deloitte stuff. Getting a full day w/o any deloitte business is not easy.

does anyone know what the current severance package looks like, or has it remained the same the past couple months?

As of last week it was 6 weeks/year and 6 weeks for release plus PTO.

Nah nah nah, it depends on service line, office and also on the person involved. Some ppl get better severance pay-outs than others. There is no consistent yard-stick. It also depends on the RSAL for the office. Apparently, the H-1Bs are ones getting very bad severance packages. One guy only got 2 weeks per year and 2 weeks for general release. He left with only $4600 after tax.

An SC was laid off last week. He had been with the firm for 5 years. He got 5 weeks severance @ 1week/yr. This is shocking. Is Deloitte out of money?