Does a company have to provide a separation agreement if they state that in the termination letter?
I was officially laid off on 6/3/2011 and received my termination letter on 6/4. Bullet point 5 in the letter states that I am being offered additional consideration in exchange for execution of a Confidential Separation Agreement & General Release. It also states that I will be receiving the agreement in 7 - 10 business days. I've spoken once to my separation representative at the company about not receiving the agreement. I've also emailed her as of 6/24 to be sure that they know I've not yet received it. I have yet to file unemployment since I do not know the contents of the agreement.
1 answer | asked Jun 28, 2011 08:58 AM [EST] in Settlements and Releases | applies to IllinoisAnswers (1)
Your situation is unusual. More than likely, there has been some administrative delay in sending the separation papers to you. If you will be receiving severance pay you will still be allowed to receive unemployment compensation. When you receive the paperwork please read my article on severance pay: http://workplacelawyer.com/severance.html
posted by Ron Schwartz | Jun 28, 2011 11:24 AM [EST]
posted by Ron Schwartz | Jun 28, 2011 11:24 AM [EST]
