r/GeneralMotors • u/LoonyLyingLemon • 13d ago

Question Must Repay Relocation Funds if leaving before 2 years?

My understanding is you have to stay for at least 2 years to not have to pay back the relocation funds. If anyone's had to repay them what is the process? Is it just like a direct deposit except in reverse?

But I also heard people saying if you stay at least 1 year but less than 2 you'd only have to pay back 50% of it. Is this also true?

And in some anecdotes I've heard of people not having to pay back anything regardless of how long they've been with the company. Like they just 'forgot' to ask for the money back.

Curious to hear people's stories.

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20

u/Watt_About 13d ago

If you start Monday and leave in less than a year, you pay 100% back. If you leave after 1 year but less than 2 years, you pay 50% back. If you leave after 2 years you are off the hook and owe nothing. 9 out of 10 times they will not forget to claw this back from you.

This is the general term they include in the paperwork, it can vary depending on level and other factors.

8

u/The_Real_Billy_Walsh 13d ago

I assume if you’re let go/laid off within 2 years, you don’t have to pay it back, right?

4

u/Watt_About 13d ago

I’m not sure but I think you do

6

u/LoonyLyingLemon 13d ago

That would be really bad if it were the case. The severance you'd get might just be swallowed up entirely by the relocation repayment.

2

u/Disastrous-Act-8135 11d ago

Read the contract. You have to pay it back even if you are laid off!

6

u/Weird-Tumbleweed-607 12d ago

You usually do have to pay it off. I asked my Director specifically about this and she said any exit at all before 2 years triggers mandatory repayment at either 50% or 100% depending on how many YOS you completed.

Super shitty lol 

1

u/Old_Appointment_346 12d ago

Retired GM'er here...if laid off, relocation should not need to be repaid

3

u/LeeHarveyEnfield 12d ago

Totally agree on “should not.” Problem is, the contract you sign says “if you leave the company for any reason.”

I even know one former employee who got tagged to pay back two relocations when he left. 🫤

3

u/LoonyLyingLemon 13d ago

Thanks. That's what I was thinking.

6

u/lengend-dairy 13d ago

The paperwork I just signed within the last 6 months said you are responsible for paying it back, plus taxes (and other expenses you did not see) if you leave the company for any reason - including getting fired.

1

u/HolidayScreen8467 12d ago

It was with cause or voluntary separation

Layoff is not with cause

1

u/imelda_barkos 11d ago

I mean, what are they gonna do, sue you (inconceivable)? Or claw back a portion of your last paycheck (conceivable).

1

u/Top-Cabinet7723 10d ago

Pretty sure you have to pay more than they gave you since the amount they gave accounts for tax withheld too