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October 20, 2015 04:00 am

Bank's Severance Deal Requires IT Workers To Be Available For Two Years

dcblogs points out this story at Computerworld about a severance agreement that requires laid-off IT employees to be available to help out for two years. The article reads in part: "SunTrust Banks in Atlanta is laying off about 100 IT workers as it moves work offshore. But this layoff is unusual for what it is asking of the soon-to-be displaced workers: The bank's severance agreement requires terminated employees to remain available for two years to provide help if needed, including in-person assistance, and to do so without compensation. Many of the affected IT employees, who are now training their replacements, have years of experience and provide the highest levels of technical support. The proof of their ability may be in the severance requirement, which gives the bank a way to tap their expertise long after their departure. The bank's severance includes a 'continuing cooperation' clause for a period of two years, where the employee agrees to 'make myself reasonably available' to SunTrust 'regarding matters in which I have been involved in the course of my employment with SunTrust and/or about which I have knowledge as a result of my employment at SunTrust.'"

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/0UfxGe_rndE/banks-severance-deal-requires-it-workers-to-be-available-for-two-years

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