3 ms·
Regardless of state, the requirement to work with compensation is illegal and the whole severance deal was either crafted by idiots or simply hoping for idiots
by Shivetya 11y ago
Regardless of state, the requirement to work with compensation is illegal and the whole severance deal was either crafted by idiots or simply hoping for idiots to sign it anyway.
- hwstar 11y agoI think the bank's lawyers would beg to differ. The "compensation" is "consideration" for accepting the requirement to support them. Again, this all boils down to the employee being at a significant disadvantage to the employer in that the severance funds are required to put food on the table.
- norea-armozel 11y agoNo it doesn't. 13th amendment trumps their lawyery wishing and such. Trust me, only the federal govt can compel you to work as an exemption to the 13th amendment (case law supports this situation).
- hwstar 11y agoYou may be correct on case law, but just the threat of a lawsuit can coerce a poorly financed ex-employee into doing something against their wishes to save on having to hire a lawyer. This coercion is what needs to be discouraged.
- mcv 11y agoIt's possible that the severance pay is high enough to be considered reasonable compensation. Not likely, considering the apparent business practices of the bank, but possible.