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employee buyout?
#1
attorney states that employer wants me to resign and will be offering a premuim buyout. What exactly is this. I quit and they pay a set amount?
 
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#2
did you have a contract with them?
 
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#3
sontaysyw Wrote:did you have a contract with them?

no contract, with co. 18 years. had several surgeries on low back with 360 fusion with instrumentation the final one. attorney stating that resignation might be the best option. Co. will not want me back after recovery(surgery in august 09) because of future issues. Can they do this?
 
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#4
sounds like a standard settlement.
Reminder :
........Each state has their own comp system; POST YOUR STATE to get accurate information. Use the search feature to find information from similar questions.
THANKS FOR POSTING.
 
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#5
1171 Wrote:sounds like a standard settlement.
does that mean I am out on my tail. I am 42 yrs old. what about future? I earn 63k. 23 yrs to retirement. how do I find employment after this? What if I dont take buyout?
thanks for sharing your wisdom
 
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#6
your options depend a lot on the comp benefits and laws for your state.
work comp rules are state specific. what laws control your claim?
Reminder :
........Each state has their own comp system; POST YOUR STATE to get accurate information. Use the search feature to find information from similar questions.
THANKS FOR POSTING.
 
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#7
live in minnesota
 
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#8
I would very carefully choose your path, maybe consult with a lawyer to get his view point..
 
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#9
bronco54501 Wrote:I would very carefully choose your path, maybe consult with a lawyer to get his view point..
laywer said probably my best option. what are your concerns?
 
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#10
pensfan Wrote:
bronco54501 Wrote:I would very carefully choose your path, maybe consult with a lawyer to get his view point..
laywer said probably my best option. what are your concerns?



I mean WC verses the buy out..
 
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