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Old 05-09-2014, 06:58 AM  
BigRichard BigRichard is offline
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Laid off

So I got laid off yesterday and my work is offering me 3 weeks of severance for signing this release agreement. There is basically some demands like I won't bad mouth the company and I can't sue them for anything.

It has some wording about releasing the company from "all such claims and demands related to salary, bonuses, commissions, incentive compensation awards, incentive shares, vacation pay, fringe benefits, expense reimbursements, severance pay and/or any other form of compensation (including, without limitation, unpaid wages, commissions and compensation)".

Does that mean I can't draw unemployment if I sign this then? Or is that something entirely different. Just wondered if any of the lawyers around here know anything about this?
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Old 07-09-2014, 06:52 PM   #31
bevischief bevischief is offline
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I've never filed unemployment. Isn't it only worth $700 a month or something like that? And it takes 6-8 weeks to get the first check?
$570 a week up here.
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Old 07-09-2014, 07:13 PM   #32
BigRedChief BigRedChief is offline
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$570 a week up here.
thats not bad.
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Old 07-09-2014, 07:23 PM   #33
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$570 a week up here.
Google'd it here in Florida its a maximum of $275.00.
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Old 07-09-2014, 07:27 PM   #34
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Hopefully after Tuesday I will have a full time job. Second interview. Full time and a company truck.
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Old 07-09-2014, 07:33 PM   #35
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Hopefully after Tuesday I will have a full time job. Second interview. Full time and a company truck.
Good luck man
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Old 07-14-2014, 07:15 PM   #36
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Wish me luck.
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Old 07-14-2014, 07:16 PM   #37
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Wish me luck.
Own that job. It's yours. Go take it.

Your stuff is current, you have a clean record and you are of no risk to plowing down comedians.

And you are a stand up dude. Go and accept that job.

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Old 07-14-2014, 08:45 PM   #38
BullJunkandIron BullJunkandIron is offline
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I got puked out by a company 18 march and didn't get eaten up by another company til 30 jun. Did a lot of crap with the military during that time. It 's brutal out there. As usual nobody wants you til one wants you then they all want you. Couldn't get unemployment went through 5 companies in 6 months.
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Old 07-14-2014, 09:10 PM   #39
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Hopefully after Tuesday I will have a full time job. Second interview. Full time and a company truck.
What color is the truck? You need to really hone in on that in your second interview.
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Old 07-14-2014, 09:18 PM   #40
BigRedChief BigRedChief is offline
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I got puked out by a company 18 march and didn't get eaten up by another company til 30 jun. Did a lot of crap with the military during that time. It 's brutal out there. As usual nobody wants you til one wants you then they all want you. Couldn't get unemployment went through 5 companies in 6 months.
Are you in I.T.?
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Old 07-14-2014, 09:21 PM   #41
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Make sure it is new truck. You don't want something that somebody has already had their ass on. Trust me on this. If they give you a used one, wreck that piece of shit. Then they will give you a new one. Happens everyday.
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Old 07-14-2014, 09:22 PM   #42
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Are you in I.T.?
E and I
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Old 07-14-2014, 09:23 PM   #43
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Make sure it is new truck. You don't want something that somebody has already had their ass on. Trust me on this. If they give you a used one, wreck that piece of ****. Then they will give you a new one. Happens everyday.
Hmmm. Wondering why you are having a tough go with employment.
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Old 07-14-2014, 10:53 PM   #44
Jiu Jitsu Jon Jiu Jitsu Jon is offline
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How ironic. Earlier this month I accepted a severance package from a company that I have worked for during the last 14 years. 14 weeks of pay plus all my unused vacation time. After Uncle Sam takes his 25% it's still going to be close to $10,000. Still sucks stepping out into the unknown.
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Old 07-14-2014, 11:04 PM   #45
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How ironic. Earlier this month I accepted a severance package from a company that I have worked for during the last 14 years. 14 weeks of pay plus all my unused vacation time. After Uncle Sam takes his 25% it's still going to be close to $10,000. Still sucks stepping out into the unknown.
25%? Seems low. My last bonus, lower than your severance, was taxed closer to 40%. Maybe it is different with severance.
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Old 07-14-2014, 11:05 PM
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