Once again, a big corporation has had to learn the old severance package agreement lesson: You can make people sign 'em, but good luck enforcing them.
This time, drugstore giant CVS Caremark got taken to severance package school. The instructor: the Equal Employment Opportunity Commission.
The EEOC sued CVS Caremark in federal court in Chicago on behalf of former employees, charging it with discrimination based on the language contained in severance package agreements it required employees to sign in order to get their going-away-party benefits.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
