New from NLRB: Most of Your Severance Agreements Will Be Illegal

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Almost all employment in the United States is “at-will,” meaning you can quit, and companies can fire you without cause. This also means that except in a few situations, you’re not entitled to any severance payments if the company terminates you–even if you’ve done nothing wrong.

Companies that offer severance generally require you to sign a “general release” that basically says, “in exchange for this money, which we don’t legally have to give you, you agree not to sue us, say bad things about us, or disclose company secrets.”

For most people, that’s a fair offer–and understandably. Severance gives

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