Question: Bookmark question for later During difficult termination processes, companies utilize certain documents and legal processes to make the situation better for all parties involved. Why

Bookmark question for later
During difficult termination processes, companies utilize certain documents and legal processes to make the situation better for all parties involved. Why is a release of claims document frequently used by HR in the termination process?
It allows all proprietary information to still be legally bound to the company and not to the employee or former employee.
It allows the individual to receive additional severance pay while voiding any potential claim of litigation.
It allows all tangible assets to be retained by the company for industries that make tangible products such as manufacturing and textiles.
It allows the company to recoup costs associated with sign on bonuses, relocation packages, etc.
Bookmark question for later

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!