Leaving HP
From HPAlumnipedia
...Collected Knowledge
From the HPAlumnipedia (hpalumnipedia.com) on Wednesday, July 9, 2008 at 03:27 • Page last modified: 7/9/2008
HPAlumnipedia > Leaving HP
Original title: HP Work Force Restructuring (WFR, Redeployment) Collected Knowledge
Written by Alan Silverstein, " ajs@frii.com, 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 / severence 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.
- Introduction: Purpose, history, disclaimers, feedback.
- Emotions: A short essay.
- Confusion: A short essay.
- 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.
- Helpful Organizations: Pointers to resources.
- Minimizing Tax Consequences: Ways to pay less, or at least pay later.
- Service Awards: Will you get yours?
- Stock Options and Ownership Plans: Some wrinkles to be aware of.
- Release Agreement: How to ensure that HP receives it, etc.
- Paychecks, FTO, Floating Holiday: What you should know.
- Severance Bonus: Handling taxes, etc; some people's experiences.
- Reimbursement Accounts: Medical, dependent care; tips and tricks.
- Unemployment Insurance: You earned it, how to get it, etc.
- Health Insurance: Medical, dental, vision; transition issues, mostly about COBRA, but there's an amazing amount of detail you might consider.
- Other Insurance: Transition issues, other than health (medical, dental, vision), mostly life.
- Retirement Fund Rollovers: Probably no rush, but almost surely a good idea.
- Company Performance Bonus: (Pre-EER2007.) Will you get "profit sharing"?
- Bonus and Commission - EER2007 (members only)
- Networking Personal and professional networking for exHPers.
- Miscellaneous Other Topics: As if everything above wasn't enough!
- Parting Thoughts
- EER Documents: Varous documents on EER. (members only)
