I believe separation for NDA is illegal, among several other things in separation.
My offer letter and separation agreement DO NOT MATCH at all. Seriously misled.
DEFINITELY feel under economic duress 110% to sign.
Appears unemployment benefits withheld until I sign.
Anyone else, or do we all just sign this document and forgo rights, be completely silenced.
About out of options here. Very distraught.
Please share your offer letter and separation agreement. We’ll help you to reconcile and help you to understand them.
Let’s start with a few simple questions:
First, why would an offer letter and a separation agreement match?
Are you an At Will employee or are you a senior manager with a formal employment contract? If it is the latter please share the details from your offer contract.
Dude, take the money. It’s a damn good deal.
Better call Saul
As I said, It’s not really even a decision. It’s a very good and generous deal.
It’s the very reason why people b1tch about layoffs while secretly wishing to bey layed off…
It’s not really even a decision. It’s a good deal.
This place has DESTROYED my delicate mental health. Very unprofessional employees who blatantly practice sabotage and it is instantly swept "under the rug."
Disrespectful supervisors and employees who think the only way to move up is to sabotage others or expose colleagues' errors. This place freaking SU-KS! And by the way, I am new to the firm and the level of unprofessionalism and sabotage has my head spinning.
@1sfa
This sounds like the BNYM that I’ve always known.
I consulted an attorney. If you want the money, you need to sign. Unemployment isn’t affected if you don’t take the package.
Look up the firm 'Dewey, Cheatem, and Howe' - they can help
Who are you planning to talk to?
The company won’t know your every conversation. I mean, if you plan to speak on the record to a reporter (and why would they be interested?), that would be one thing but you can tell the truth to friends and close contacts. That’s the way the world works.
And you won’t want to bad mouth the company to future employers because that will reflect poorly on you.
(I was part of a org where a former employee who’d signed an NDA trashed us liberally and it was impossible to prove.)
There is no negotiation. It’s sign and get Sub Pay, or don’t sign and get nothing. Hiring a lawyer to negotiate would be more than an uphill battle, unless maybe you had a legitimate employment law case against the Bank.
Unemployment has nothing to do with signing your separation agreement.
Jackie Chiles! "Your face is my case" "What do you think Stan?" "Jackie is cashing in on your wretched disfigurement."
Take the money and RUN
(from Google Bard:)
Whether a company can withhold the payment of job severance conditional to a NDA being signed depends on the laws of the state in which the employee works.
In some states, such as California and New York, it is illegal for an employer to withhold severance pay in exchange for an employee's signing of an NDA. In other states, such as Texas and Florida, there is no specific law that prohibits this practice, but it may still be considered unenforceable by the courts.
Even in states where withholding severance pay in exchange for an NDA is not illegal, employers should be careful to do so in a way that is not coercive. For example, an employer should not threaten to withhold severance pay if the employee refuses to sign an NDA.
If you are being asked to sign an NDA in exchange for severance pay, you should carefully review the NDA and consult with an attorney to make sure that it is fair and enforceable. You should also be aware of your rights under the laws of your state.
My goal is clarity on and freedom to speak fully and truthfully abt BNYM (per the NLRB law of no NDA for severance), my comp and benefits as per my offer (apart from SUP), and no economic duress to sign something that is inconsistent / misleading with my written offer with respect to incentive comp/retirement benefits.
That's it. It's not much.
Feel mislead, swindled, bullied and rushed. Extremely depressing.
This is NOT the BNYM I know.
Any lawyer referrals, suggestions/experiences appreciated.
Try Blaine Jones or Edgar “no fee unless we get money for you” or one of the OJ attorneys.
What is your goal by hiring an attorney? What are your concerns? Are you trying to get more money from them? Are you trying to do something they don't want you to do?