Smart companies build packages with thoughtful low cost, no cost benefits. The recent economy has led to another hot button, with many companies becoming lax in protecting themselves from legal liability while at the same time taking greater risks. Attorneys representing employees who sue their employers are describing this phenomenon as a breeding ground for lucrative lawsuits and quick settlements. They have made it no secret that they are ready to cash in. The good news is some companies are more attractive to them than others, and yours doesn t have to be one of them.
Every company can take steps to make itself unattractive as a target.
The ones that will be targeted are the ones that fail to have exiting employees sign a release, or that use a faulty release. An enforceable release can immunize you from a lot of mistakes. Be sure you have one. Here s the important part. Laws concerning enforceability of releases have changed in recent years and vary among different states.