Thread regarding USAA layoffs

Updated Arbitration and Mediation Agreement?

Thoughts on this and how signing/agreeing is required to obtain/retain employment? What do you think is driving the changes and the timing? Btw, the agreement is classified as public.

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| 3381 views | | 21 replies (last October 15, 2023) | Reply
Post ID: @OP+1p3JEvS5

21 replies (most recent on top)

@3glm+1p3JEvS5
You are incorrect. I have been working in an exempt professional position for over 30 years and this agreement is standard with most companies for all employees. This is true for banks, most insurance companies, and any Fortune 500 company. Smaller companies may not see a need, but mid-to-large companies follow this practice for the most part. Read the mounds of paperwork that is sent both before hire and during onboarding, or even throughout the year. Read everything! You may not like it, but it is a standard legal document and operating procedure. You do not have to sign, but your offer would be withdrawn if you declined, unless your state has laws governing that process. Just because you don't agree with something does not make it false. Be aware.

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Post ID: @3twc+1p3JEvS5

While your first statement is accurate that every one DID sign this when they started - the second statement is FAR from accurate. Not "pretty much every company has this". That's a blatant form of "you drank the kool-aid" sir/madam!

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Post ID: @3glm+1p3JEvS5

We already had an arbitration agreement prior to this month. You signed it when you applied. Pretty much every employer has one; it's not a malevolent scheme. Enough with the hysteria.

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Post ID: @2rdt+1p3JEvS5

prep for mass layoffs and avoid lawsuit

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Post ID: @2kiy+1p3JEvS5

@2nol+1p3JEvS5
You really think the company gives a damn? nobody is "untouchable" expecially when they go against wayne and his minions

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Post ID: @2mhg+1p3JEvS5

The attorney who made that comment has been with usaa almost 30 years, USAA needs her more than she needs USAA.

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Post ID: @2nol+1p3JEvS5

@1uvy+1p3JEvS5 Thats not even the point bud, the point is they will get rid of any body that goes against their dictatorship.

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Post ID: @1twh+1p3JEvS5

Props to the attorney who commented on the Post stating this was garbage. You know it’s bad, when in house attorneys are calling it “pure garbage.”

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Post ID: @1utd+1p3JEvS5

Yes, maybe we did sign an arbitration when we onboarded.l but how funny it comes out when they’re are demoting people and cut their pay since they cannot manage their budget or tell g them to take a severance

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Post ID: @1wxv+1p3JEvS5

The company has just continued to thwart any trust between them and their employees. More great employees continue to leave because of their policies but maybe the CHRO was sick the day they taught HR in HR school - employees are a company’s most valuable asset and she is all about appeasing a CEO who befriends her, but will never truly be friends with anyone. He is plummeting and she is going down with him. She is a tool to get things done and nothing more. She may even know this but one day further along in her career, she will have to look back and admit that ‘this impact’, what she stands for today, was not her defining moment.

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Post ID: @1ffs+1p3JEvS5

You signed an arbitration agreement when you on-boarded with USAA. If you had refused to sign during the offer, then your offer would have been withdrawn. This is a widespread practice for mid to large companies, which states arbitration must occur in lieu of litigation. If updates are made, you can either sign it or face possible termination. If you are in an 'At Will' state like Texas, then you will most likely be terminated if you refuse to sign. I faced the same option with another bank. Reach out to HR and ask what your options are based on your area.

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Post ID: @agy+1p3JEvS5

Any lawyers out there familiar with these corporate arb/med agreements? Company is asking us to sign an agreement saying that we can't sue them (as covered by the Agreement). But why not?

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Post ID: @bcf+1p3JEvS5

Sounds like everyone will be a red badge soon..

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Post ID: @sed+1p3JEvS5

Another epic failure on Tiana Carter's lack of accomplishments. Link to the arbitrary agreement outlining their take-it-or-leave-it drivel doesn't work. Classic HR fudge-up. The attorney on The Post is my new hero, stating it's garbage.

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Post ID: @naf+1p3JEvS5

@yix+1p3JEvS5 Seems like an additional CYA tactic after the previous 2 quarters of firings/layoffs. Im sure a slew of people filed lawsuits as a result.

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Post ID: @cqe+1p3JEvS5

Welp, time to find a new job.

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Post ID: @ehd+1p3JEvS5

The way this company treats and threatens its employees is dispicable.

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Post ID: @khu+1p3JEvS5

Yet another scare tactic brought to us by the company. I worked for much bigger companies in the past and have never signed this kind of agreement. What is going on USAA

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Post ID: @pkm+1p3JEvS5

A new round of pandemic lockdowns (with a bonus war!) and employer coerced vaccination is coming, and Wayne is betting that they finally pushed out enough anti-marxists from the company that he can implement Larry Fink's hard line this time. Buckle up, because every big corporation is on board and the entire legal profession is in on the coordinated corporate takeover of all human rights.

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Post ID: @bsq+1p3JEvS5

I got this as well this morning and got nervous, is something coming down the next few days?

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Post ID: @ifs+1p3JEvS5

I received this agreement today as well, and it said if I don't e-sign it within 14 days, I could be terminated. The agreement says that neither I nor the company can't file a lawsuit for any dispute covered by the "Agreement." So that's my question as well, why can't I?

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Post ID: @yix+1p3JEvS5

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