If you live in NJ and are laid off, you are no longer required to sign anything forgoing future legal cases against the company.
That severance is guaranteed by law and as such they cannot withhold it if you choose not to sign their document saying you won’t sue them.
New Jersey will now be the second largest hub outside of Dallas because T can’t lay us all off without a severance.
Take that Stanley!
Severance is required by law in Nj, it’s a new law only in the past couple years. Also, there is no cap so you get 1 week pay every year worked. And 90 notice is required in NJ or they have to pay more. This is fact, and I know people who are currently surplussed in NJ who are benefiting from this right now. Loopholes are much tighter so companies cannot get around WARN so easily any more. Too bad more states don’t push for the same to help protect workers.
“Google is your friend”
https://www.npr.org/2020/01/22/798727332/new-jersey-mandates-severance-pay-for-workers-facing-mass-layoffs
Unless I just haven't found anything specific around the recent NJ changes, companies can still get around these requirements by staying below the 50 people per site threshold based on what I have read. Then no WARN act is triggered at all.
"Severance is not required by law anywhere. "
Google is your friend
I call bullsh-t. If anything, you can still sue regardless of what you sign. Severance is not required by law anywhere.