Updated July 6, 2017
This section is US-specific. "The changes to the workforce will vary by country, based on local legal requirements and consultations with employee works councils and other employee representatives." Typical SEC filing
The US Equal Employment Opportunity Commission has a helpful guide: "Understanding Employee Severance Agreements"
Recent Waiver and General Release Agreements contain a 537-word paragraph, which includes: "The parties further agree that this Agreement is intended to be strictly construed to provide for arbitration as the sole and exclusive means for resolution of all disputes hereunder to the fullest extent permitted by law... The parties expressly waive any entitlement to have such controversies decided by a court or a jury." Related topic: HP employment lawsuits
A formal US policy was issued in 2014 -- and is still in force at HPI and HPE. It is not enforced by DXC..
HPI: "HP Rehire Policy: It is important for HP to protect the investments made in workforce reductions and to keep its commitment to current employees to invest in their careers by creating opportunities for growth and promotion. As a result, under current HP Policy, former employees who left the company, in May 2012 or later, through a workforce reduction program are ineligible for rehire or to be engaged as an agency contractor. These policies may change from time to time." HP WFR Summary Plan Description HP 2014 HPI 2016
PRP: "Employees who retire under the Program will be subject to HP's policies regarding rehire, which are subject to change at HP's discretion. These policies currently provide that you will not be eligible to be rehired or work as a contractor for HP at any time in the future." 2014 HP Phased Retirement Program SPD PRP 2014
HPE: "After this 60-day period, you are ineligible for rehire... Additionally, former employees who left under a severance agreement or enhanced early retirement, workforce reduction or similar circumstances (e.g., MSA or ETA) are not eligible to return to HPE as an agency contractor." 2016 HPE WFR FAQs HPE 2016 The restrictions are covered in the "Global Talent Acquisition Policy" and the "Global Departing Hewlett Packard Enterprise Policy." HPAA has verified that the formal rehire policy was still in place as of June 3, 2017.
The formal policies do not apply to people who resigned without a payment, however members report that recruiters and hiring managers assume that they received payment and are therefore not eligible for rehire.
Returning via an agency or contractor no longer works. They are required to submit SSNs.
The current informal and formal policies do not contradict the terms of any Waiver and General Release that you signed in previous years in order to be paid severance or a retirement incentive. If you just skim your agreement, the tendency is to focus on the number of months or years mentioned -- and not the precise legal wording.
- You are not entitled to future direct or indirect employment with HP, subsidiaries, joint ventures, or successor companies. The key phrase is "entitled to any employment" or "no right to be employed." This deals with any promises that might have been made to you -- or assumptions that you might have made.
- In earlier versions of the Waiver, you agreed not to apply for employment for a certain time period. The key word is "apply." This clause says nothing about what might happen if you apply after that period.
From a purely financial point of view, paying people to leave and then hiring them back, whether directly or indirectly, doesn't make sense.
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