Retiring soon? Transfer your knowledge and get paid!
Take part in the NEW Voluntary Retirement 6-Month Notice Benefit Program, if eligible, and receive a lump sum payment of 1 month of your annual base salary.
You will work with your manager over the 6 months before you retire to transition your responsibilities, which will ensure business continuity after your retirement. You and your manager will create a knowledge transfer plan to pass on your current responsibilities, customer (internal and external) relationships, and job-specific and technical knowledge to your successor or others that may be taking on that responsibility. Review Rewards@Schneider for more information and all applicable program rules (including the policy, FAQs and more).
Am I eligible?
Active, local, U.S. non-union, Greensboro union or Pleasanton (CWA) union employees who are age 62+ by their retirement date can participate in the program.*
How do I apply?
Get started by talking to your HR Representative and manager. You’ll also need to submit a ticket on support@Schneider at least 6 months before your retirement date. TIP: We recommend applying at least 7 months in advance so your request can be reviewed and approved in time to begin the 6-month transition timeline.
*Executive-level employees are not eligible. Must be in good standing with solid performance. See policy for full eligibility rules.
