They do not honor their severance - Engineer Rite Aid Employee Review

1.0
May 14, 2025
Recommend
CEO approval
Business Outlook

Pros

Was good while it lasted, company is just overall poorly managed by legacy people with legacy ideas with no overspend in various areas. I'm surprised their technology vendors are even getting paid. Offering people at stores severances as well with inability to pay is utter nonsense in general. Getting your ducks in a row fiscally is the most important, but paying back those who you promised something, is very important.

Cons

I started with the company several years ago, and when they first hit bankrupcy, they were offering severances to employees. So those who took those severances 1.5 years ago, were surprised when they were not being paid out. And RiteAid eventually back tracked and paid out those severances. Fast Track 1.5 years later, those who have received a severance this year, got a nasty email, that RiteAid will not pay out their end of the agreement for any severances that they would be paying people after May 5th. This company does not honor your agreements, your pay, your relationships, and does not honor anything. Do not trust Riteaid, HRs, or leaders, they are just following the receivers orders.

Explore other reviews about Rite Aid

5.0
May 11, 2026
Recommend
CEO approval
Business Outlook

Pros

Nice team at store level

Cons

High ups were awful. Company shut down.

4.0
May 25, 2026
Recommend
CEO approval
Business Outlook

Pros

work life balance, team mentality, treated like a person,decent benefits, pay was enough

Cons

bad financial decisions left us all doomed

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