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Never trust anyone who attempts to get you to waive your right to collective action, or attempts to force you in to binding arbitration. This is especially true when it comes to employment.

There is never any benefit for you, and it means that they will, one day, try to screw you.

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There was a direct benefit to waiving their rights:

> Employees were offered severance worth a month’s salary, continuing health and life insurance coverage for a period depending on time with the firm, free career counseling, and up to $2,500 for skills training

this is not very much. don’t sign.

That's a lot less than the statutory minimum in the UK - I got 9 Months from BT on Voluntary Redundancy 15+ years ago.

Some Higher grades got 100,000 k and 6 years extra pension.

Isn't arbitration now a standard part of employment contracts? So all employers would like the option to screw you if they can get away with it.

It's becoming standard because they're able to skirt employment law using a continuing relationship with an arbitrator as a lever. So yes, they're all trying to screw you. Or least, have the option to screw you at their leisure.

Legal protections should not be signed away. Collective action is the power labour wields.

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