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
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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.
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