Rocket Mortgage Is Offering 12 and 24 Weeks Of Pay In A Third Round Of Voluntary Buyout Offers
Rocket Mortgage is offering another round of buyouts to its employees. The buyout follows two rounds from last year. Those buy outs resulted in a workforce reduction of about 30% last year.
Rocket is offering between 12 and 24 weeks of pay. However, the severance package depends on the employee’s tenure at the company. The company is also offering extended benefits in some cases.
The lender is also providing compensation for banked personal time off. In addition, Rocket is also offering compensation for certain stock awards.
Former employees will receive outplacement services including one-on-one career coaching and job search assistance.
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