Termination agreement: why not to sign without advice
A termination agreement waives the right to sue. Consult a lawyer first.
Why the employer offers it
Because they cannot legally dismiss you. The agreement is the easiest exit for them, most damaging for you.
What you lose
- Right to sue
- Right to reinstatement
- Non-material damages
- Often severance too
What to demand first
- Severance
- Unused leave compensation
- Bridge pay until next job
- Reference letter
- Proper decision for unemployment office
Call 064 9930 801 BEFORE signing.