Latest Questions & Answers
Q: Severance pay is based on years of service. How are years of service determined for an employee who has been at Fermilab for more than one period of time (rehired)? Is it the cumulative years of service for all periods or the years of continuous employment for the current period?
A: Severance, and seniority, is determined by the most recent date of hire by URA/FRA, not the original hire date.
Q: In the article 'Donor Gives $5 Million to Aid Fermilab,' by Adrian Cho, Science NOW, 28 May 2008 it says that "DOE policy does not allow the lab to offer "golden parachute" incentives to leave..." Should this be interpreted that there will not be payouts based on years of service for voluntary separation? Or are the compensation rules for voluntary versus involuntary layoffs identical?
A: The severance pay is the same for both voluntary and involuntary separations and is based on years of continuous service. The reference to “golden parachutes” meant that DOE will not authorize increased incentives beyond the standard severance in the case of voluntary separation.
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