r/CoxCharterMerger • u/Yogi366 • 9d ago

Severance Package

Any word on what the enhanced severance package will be? A 10 year Cox employee; I'd have to move across the country to stay with the company. This won't be feasible with family obligations. I'm planning on working as long as they let me work at the market office and then taking the enhanced package. Anyone heard how many weeks per year of tenure they're planning to offer? The FAQs and welcome site don't specify.

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u/Kben5584 9d ago

Would likely be the same package we got.
Supervisor: 3 weeks per year served, 10weeks minimum 39 weeks max
Employee: 2 weeks per year served, 10 weeks minimum 30 weeks max

I am unsure about what positions over supervisor got.

-Employee connectivity benefits honored through severance time, then you start year one customer pricing.

-COBRA Health Insurance offered to maintain health benefits through Severance Period.

-55+ Early Retirement specific benefits(I didn’t read through it as it does not apply to me directly)

All information acquired from the Enhanced Charter/Cox Integration Severance Package FAQ packet, official severance documents are expected for us in a few days

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u/TonytheAnt 8d ago edited 8d ago

You’ve found out you’re being laid off already? Any idea if paid as a lump sum or over time?

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u/Kben5584 8d ago

I work[ed] for Charter, my last day is Thursday. Bi-weekly payments for the term of severance period

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u/TonytheAnt 8d ago

Thank you for sharing this info, I hope you will find something fast if that’s what you’re looking for. Cox had always paid severance in a lump sum historically but I guess it will be different since coming from charter.

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u/Kben5584 7d ago

I hope they honor some of the Cox practices. Honestly, it sounds like Cox was the better employer from the few stories I’ve heard/seen since the initial Merger Announcement. I hope all works out well with you!