I have worked for the company for 14 years and they are now closing. They want me to sign a paper that will pay me two weeks pay but by signing I agree not to file for unemployment. I have heard that I can get 14 weeks of pay which will equal to my 14 years of service. They said that it is not true.
2007-08-19 17:16:53 · 3 answers · asked by artintheshell 1 in Business & Finance ➔ Other - Business & Finance
Whoa - if you work in the USA - DO NOT sign ANYTHING without having a lawyer review the document you are signing and explaining the pro's and con's.
Don't accept pressure to sign either. Talk to an attorney. Learn what your rights are, and make an informed decision.
The more pressure your employer puts on you to sign the doc, the more you should resist.
2007-08-19 17:52:25 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Be guided by your employment contract and your country's Employment Act. It depends on the reason for closing down. If it's because your boss is near bankruptcy and the co. has no cash left, you can't force it to pay retrenchment benefits. Only companies which can afford to pay do so. It's also useless to sue a bankrupt co. You waste legal fees and you still get nothing.
2007-08-20 00:29:57 · answer #2 · answered by Sandy 7 · 0⤊ 0⤋
Unemployment can be up to 26 weeks. Do not sign.
2007-08-20 17:10:22 · answer #3 · answered by fkd1015 4 · 0⤊ 0⤋