New Owner Won't Honor Severance Agreement
My question involves employment and labor law for the state of: North Carolina.
I have letter of agreement from my current employer offering a 2 year severance deal if I'm fired for most any reason (conviction of material felony theft against the Company). They gave me this agreement because it was likely our Company would be sold, and they offered it as security.
The new Company doesn't like the agreement. We could not agree on a separation plan. They have not cut my pay, but they have limited my responsibilities and do not offer me some benefits other VP's get. It's been over a year now and I think they are pressuring me to resign (no payday).
The signed agreement I have does not list a job title or duties, however before the purchase, my position promotion/duties/org chart was published on our intranet.
I would prefer to get paid and leave. Is there anything I can do about the scaled back duties, unequal treatment, etc. without quitting?? (EEOC, or sue them while employed?).
Re: Can I Sue My Current Employer?
What are you expecting to sue for? It does sound like they are discriminating, but not all discrimination is illegal. It sounds pretty obvious that they want you gone without paying the severance.
Unless your contract lists out your duties, they as the employer have the right to change those duties as needed/wanted. They can limit your responsibilities and not give you the same benefits (as long as those benefits are not "qualified" plans).
It sounds like they are willing to wait you out. I honestly can't think of anything you could sue them for. All I can suggest is taking the contract to a local attorney to see if they can see anything else.