Thread regarding Allstate Corp. layoffs

Severance is nothing but a trap

They present the severance package like some generous gift, but let's be real, it's just hush money. The paperwork is designed to make you forfeit any legal claims in exchange for a few weeks' pay. Of course most people sign. When you're suddenly unemployed, even inadequate compensation looks better than nothing. Just don't mistake it for fairness.

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| 2651 views | | 4 replies (last July 12) | Reply
Post ID: @OP+1jwk34e6c

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@1a7 correct!!! I was pi---d when I found that out. They did me a big favor by letting me go!!! The peace of spirit I've, since leaving there (35 years)

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Post ID: @65s+1jwk34e6c

The severance and retirement is a joke!! Work over 30 years to be told that your medical retirement will be over 1100.00 a month and no financial assistance. ,

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Post ID: @1a7+1jwk34e6c

If you think the NDA isn't enough, you can always bluff and say you have an offer from [relevant regaltory agency]. All you have to do from there is show competence in explaining the gaps in compensating controls. Your pay is nothing compared what regulatory agencies "might" find and charge for.

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Post ID: @n7+1jwk34e6c

NDA’s DO NOT prevent you from reporting illegal activity from your employer. If you feel your termination is discriminatory contact your local EEOC and provide as much documentation as possible.

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Post ID: @mm+1jwk34e6c

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