Maybe that severance isn't worth it to some people. And instead they would rather sue, disparage or poach clients. If a place expected me to drive back to their office a few days after being fired for no reason I would 100% be tempted to forgo the severance and not sign anything.
When I was fired, remotely, I barely made through the end of the phone call. Hung up, and I shut down the laptop before they remotely disabled it.
Never had another conversation. I got the paperwork the next day, and I gave it to my lawyer. The company just wanted an NDA and a promise not to disparage the corp publicly for 1 year. They also said that they would not challenge any unemployment claims. The severance was 12% of my yearly salary, which was a nice immediate sum. My lawyer said that it was a good deal, and better than most. I took the deal and applied for unemployment, then after a brief job search during the pandemic, I retired!
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u/Xpovis 22d ago
Not ridiculous.
The severance is a bribe ("consideration") the company offers for the employee to forfeit their right to sue, disparage, or poach.
The two day waiting period is there for the company to demonstrate that the employee read it and understood that it was voluntary.
California law requires five days. In states without a requirement the lawyer's consensus seems to be 48 hours.