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October 23, 2015 10:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/XgzBTqLgqac/in-turnabout-suntrust-removes-contentious-severance-clause
In Turnabout, SunTrust Removes Contentious Severance Clause
dcblogs writes: SunTrust has removed a controversial severance clause requiring laid-off employees to be 'reasonably available' to help without pay during the two years after their employment ends, the bank said today. The severance agreements received by employees included a "continuing cooperation" clause requiring each worker "to make myself reasonably available to SunTrust regarding matters in which I have been involved in the course my employment with SunTrust and/or about which I have knowledge as a result of my employment with SunTrust." Bank IT employees believed this broadly worded clause was essentially an on-call provision, requiring them to provide technical help as needed without additional pay. The bank disputed that interpretation, and said the intent was to limit such help to legal matters. The bank, in a statement released late Friday morning, had a change of heart, and said it would be removed from the severance agreements.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/XgzBTqLgqac/in-turnabout-suntrust-removes-contentious-severance-clause
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