Originally Posted by
jrlv2av8
Anyone have experience with this?
I'm a corporate pilot with a company for over a year and was recently asked to sign an Arbitration Agreement Contract to which they are offering a cash incentive to do so. We can chose to decline but my concern is what downside if any there might be. I have read that with some companies this could put a job in joepardy by declining. This Contract was sent out company wide and not just for flight department.
I'm not a lawyer, but I read about a similar case just last month, copied below for your perusal.
Basically, the downside as far as I can tell is that by signing the contract you waive your right to "collectively" sue the company by participating in a class action lawsuit.
In other words, the company wants to settle with you, personally, as an individual, because they believe you alone will be cheaper to pay off then an entire "class action" lawsuit.
Unfortunately for Chipotle, it blew up in their face.
Ultimately, it sounds like a personal decision. Good luck.
https://www.huffingtonpost.ca/entry/...b0407e90787abd
A few years ago, the burrito chain Chipotle began requiring employees to sign mandatory arbitration agreements. The idea was to force the workers to give up their right to sue collectively over wage theft or workplace discrimination.
Chipotle’s plan seems to have worked out a little too well: The company is now facing a flood of arbitration cases from former employees determined to win the backpay they claim they are owed.
Facing potentially huge liabilities, Chipotle recently asked a federal judge to block the workers from seeking arbitration with lawyers who’d represented them in court ― despite the fact Chipotle had forced arbitration upon its workers via agreements they had to sign when they were hired.
The judge denied that request, calling Chipotle’s actions “unseemly.”
“This is their worst-case scenario, apparently ― and the scenario they asked for,” said Kent Williams, one of the attorneys representing the former Chipotle employees.