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Bank's Severance Deal Requires IT Workers To Be Available For Two Years (computerworld.com)
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.'"
Unless the severance included two years full pay ....
"I'm sorry, I can't get time off my current job" - which isn't 'unreasonable'.
Quite some time ago, I led an IRC channel called #badadvice. As you can probably gather from the name, the purpose of the channel was to give plausible-sounding but hilariously and catastrophically bad advice to submitted questions. The more the responders knew about the subject, the better they were at dispensing bad advice. We did this for free, but our raison d'être was right there in the name of the channel. Anyone taking our "advice" seriously was a moron.
Guess what? That's the quality of service the bank should be expecting from its former employees. If they have to do it for free, many lulz are going to be had.
How is the Riemann zeta function like Trump rallies? Both have an endless number of trivial zeros.
I was let go one time like this. Got 3 months severance (was Directory of Technology), they didn't ask for anything like this
... then it sounds like you were not actually let go one time like this. You were just let go one time in a manner completely unlike this.
Aside from just being an unbelievably gigantic dick move; this arrangement seems rather foolish on the bank's part: I suspect that they are correct in thinking that they have enough leverage to get the contract signed; but they can't seriously imagine that (even if the terms hold up in court) they'll be able to compel competent, motivated, actual-best-effort assistance under terms that are such an overt screwjob. And for something like software engineering or complex IT projects, do you really want people with good reasons to hate you and absolutely no incentive to do more than bare minimum touching anything? You've already axed them, so they have no incentive to do anything more than whatever is required to avoid legal action.
You'd think that it would be much more sensible(even if some asshole bean-counter thinks that it looks like leaving money on the table) to not fuck them over; so that they might actually be willing to do some contracting for you in good faith and with actual effort.
>and to do so without compensation
Would seem unenforceable.
I've been asked to sign "unconscionable" severance papers before, including ones that forbid me from revealing the existence of such agreements - obviously, I didn't sign - and there were no negative consequences for me.
If nothing of value is offered in return, it's not a contract. Goodwill of my former employer who has stopped employing me with minimal notice and no promise of future return doesn't count as "of value."
Not only is this "just deserts", but it's also quite probable. Institutional and architectural information tends to fade quickly, at least for myself. 6 months into a new job and I will only have passing knowledge on the systems. 1 year out and I'm back to almost square one with a weird sense of deja-foo ( on purpose ).
So fuck them. Take the money, develop amnesia and when they come calling, create chaos under the guise of "being helpful".
Mod me down with all of your hatred and your journey towards the dark side will be complete!
If nothing of value is offered in return, it's not a contract.
I've tried to tell people this many, many times here on Slashdot. You might be surprised at how many people said I was nuts.
Don't forget, also, that a contract is supposed to be negotiable by both parties... otherwise it's pretty much impossible to call it an "agreement". A take-it-or-leave-it "contract" offered by a corporation is often considered a "Contract of Adhesion", over which judges traditionally give greater weight to the signer's position.