Leaving HP
From HPAlumnipedia
...Collected Knowledge
From the HPAlumnipedia – www.hpalumnipedia.com. The HP Alumni Association is an independent volunteer organization. Not endorsed or supported by Hewlett-Packard. Content is the responsibility of the authors. HPAA may, but is not obligated to, monitor or review content. By using this site you accept the site terms. © 2010 HPAA.For current discussions, go to:HPAA Transition Forum
Original title: HP Work Force Restructuring (WFR, Redeployment) Collected Knowledge
Written by Alan Silverstein, beginning in fall 2002. Converted to HPAA Wiki, May 2007, for permanent shared location and future multi-author updates.
Includes contributions from more than 50 HPAA members.
Please note: Some of the information and advice in this wiki reflects the specific terms of previous HP termination / retirement / severance programs.
Read carefully all information provided to you by HP regarding the current program – including printouts of all the online information. Mark it up and become completely familiar with it.
Contents:
The sections below are listed in what seemed to the original author to be "logical order", mostly the order in which you might encounter or need to deal with issues.
- ASAP: Actions to take as soon as you know you are leaving HP.
- Your Last Week: Actions to take during your last week at HP.
- Professional Transition: Checklist for an orderly and professional job transition.
- Contact HP (members only) Benefits Issues, Fidelity Issues, Bonus and Commission, Change Address, Stock and Options, Payroll, WFR Contacts, W-2, Payroll, Performance Evaluations, Employment Verification, Retiree Badge, Service Awards, and more.
- Introduction: Purpose, history, disclaimers, feedback. (members only)
- Emotions: A short essay. (members only)
- Confusion: A short essay. (members only)
- HP site for ex-employees: HP has some benefit information for ex-employees outside the firewall. (members only)
- LHH Career Centers and Other Agencies: Advice and anecdotes. (members only)
- Helpful Organizations: Pointers to resources. (members only)
- Minimizing Tax Consequences: Ways to pay less, or at least pay later. (members only)
- Service Awards: Will you get yours? (members only)
- Stock Options and Ownership Plans: Some wrinkles to be aware of. (members only)
- Release Agreement: How to ensure that HP receives it, etc. (members only)
- Paychecks, FTO, Floating Holiday: What you should know. (members only)
- Severance Bonus: Handling taxes, etc; some people's experiences. (members only)
- Reimbursement Accounts: Medical, dependent care; tips and tricks. (members only)
- Unemployment Insurance: (members only) You earned it, how to get it, etc. (members only)
- Health Insurance: Medical, dental, vision; transition issues, mostly about COBRA, but there's an amazing amount of detail you might consider. (members only)
- Other Insurance: Transition issues, other than health (medical, dental, vision), mostly life. (members only)
- Retirement Fund Rollovers: Probably no rush, but almost surely a good idea. (members only)
- Company Performance Bonus: (Pre-EER2007.) Will you get "profit sharing"? (members only)
- Bonus and Commission - EER2007 (members only)
- Networking Personal and professional networking for exHPers. (members only)
- Miscellaneous Other Topics: As if everything above wasn't enough! (members only)
- Explaining your situation: What to say to family, neighbors, and friends. (members only)
- Parting Thoughts (members only)
- EER Documents: Various documents on EER. (members only)
4/27/10 23,802
Categories: HP | Transition | Leaving | Taxes
