Thread regarding Truist Bank layoffs

Negotiating Severance Agreement

Has anyone spoken to an attorney about negotiating the severance agreement? Is there any improvement?

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| 15181 views | | 8 replies (last January 30, 2024) | Reply
Post ID: @OP+1qN7t8M1

8 replies (most recent on top)

"Your severance package is void if you contact an attorney."

This is patently false. Employers cannot prevent employees from discussing severance agreements with an attorney.

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Post ID: @2yzr+1qN7t8M1

Your severance package is void if you contact an attorney. In the beginning of all the RIF the effected people could have done a class action suit, many were over 50 and RIFd because of their salary and tenure. Take the package and move on, not worth the effort.

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Post ID: @2cql+1qN7t8M1

Great way to reduce your severance by paying a lawyer.

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Post ID: @1ygt+1qN7t8M1

Unless you have an employment contract, I don’t think negotiating’s a thing.

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Post ID: @1alm+1qN7t8M1

You would need to have a legal claim against them to have "leverage" to negotiate more. It does not hurt to consult with an employment attorney to have your situation reviewed. However, most will want a consultation fee, and won't even talk to you if they do not think you have a case that is worth their time.

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Post ID: @1bed+1qN7t8M1

Aren’t attorneys expensive?

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Post ID: @ynf+1qN7t8M1

Like that WWE says, “Take it!”

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Post ID: @lsa+1qN7t8M1

Are you serious? Can’t be….lol

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Post ID: @upz+1qN7t8M1

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