What is the name of your state (only U.S. law)? Utah
I've been a salaried employee for several years with a firm that is defunding my current research area. There have been no questions regarding quality or quantity of my job performance, and all work has been completed per the contract.
I am being asked to sign a 'separation agreement' which is essentially a full waiver of any legal recourse against the company (which I have no intention of doing) as a condition of a final paycheck + PTO (more than a full paycheck). There is no reciprocal language protecting me.
Given that the work has been completed and payment should be made according to the initial employment agreement, is tying final payment to a waiver standard practice, or is it bordering on extortion? My untrained reading of the legalese is leaning towards the latter, and that I should not sign the document.