#release

Posts mentioning hashtag #release

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99% of people on this board

Dont understand "severance"

Its not a gift.

Its called "Severance and release" for a reason. to get it, you need to sign and agreement not to sue and non-disclosure

Maybe someone can upload the pdf, although that violates the NDA lol.

It is technically negotiable, but very few people do.

It is not really severance. its mostly just release (for which you are paid).


Unemployment benefits elgibility and 'severance pay' in Texas

I stand to get 21 weeks and am most likely on the chopping block. Am i eligible to receive unemp benefits from day 1? Texas only counts after the 'period of coverage of the severence pay'. But the verbage at:
https://efte.twc.texas.gov/release_waiver_agreements.html
""2.Incentive money, i.e., money paid to secure an employee's agreement not to file claims or lawsuits, is not regarded as severance pay for unemployment claim purposes and will not affect unemployment benefits if it is paid to obtain a release or waiver of liability from the departing employee with regard to the Civil Rights Act of 1991, or to settle a claim or lawsuit that has already been filed, or in connection with a written contract that was negotiated between the employer and employee prior to the date of the work separation.""

#2 seems to indicate that in our case , the 'Enhanced lumpsum' we receive seems to be more of a 'I wont sue you for this money' so does not count as severance money or the sake of unemp benfs?