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> Ending arbitration essentially means the senior VP will take all his severance package and leave the company. With arbitration high chance he wont get that.
by danielrhodes 7y ago
> Ending arbitration essentially means the senior VP will take all his severance package and leave the company. With arbitration high chance he wont get that.
I don't think this changes that much. If a lawsuit results in the company letting the VP go with cause, there will be no severance package. If the lawsuit fails but the company does not want the VP around anymore, they will let them go without cause, triggering the severance. With arbitration, it either lets the company sweep the incident under the rug, or if they let the VP go, it must be without cause, thus triggering the severance.
- KorematsuFred 7y agoYes. But the company does not want to go through the law-suite as it leads to brand damage. Arbitration in most cases works far better as the company can let the VP go without any severance. The activists have their political biases against arbitration and hurting the cause.