I wouldn’t sign that. Less, if I’m honest, out of any sense of duty, and more to maintain leverage. If that story is worth $40k to the firm it could be worth more to me, down the road, should my past employer and I find ourselves disagreeing.
I wouldn’t sign that. Less, if I’m honest, out of any sense of duty, and more to maintain leverage. If that story is worth $40k to the firm it could be worth more to me, down the road, should my past employer and I find ourselves disagreeing.
That silence was worth a lot to Twitter.
Totally agree. These agreements make sense. Just saying that if I were shown the door, I wouldn’t sign. (Different question if I’m asked while happily employed. Would be more inclined in that case, provided it only applied through the date of signing and if it were mutual.)
Example of buying silence is $7M settlement with security guy and even that apparently did not work.
And Twitter very clearly did not give a shit about "good feelings". Otherwise they wouldn't have done it for us as surprise meetings and security guards walking us out after, with salary ending that day. If you want good feelings, the way you do it is giving people paid time to find a new job. It would also have been nice to be able to finish up my work and tidy up loose ends. E.g., I had an employee whose annual review I was in the middle of doing. She was stellar and she deserved to be properly celebrated, rather than some rando manager come in and try to guess after the fact.
It’s leverage held in reserve, not planned for immediate exploit. If we part ways and all is hunky dory, it sits stale. But if e.g. the firm gets bought by an asshole and he frivolously pursues ex employees for dumb reasons, e.g. deciding a non-compete covers everything from finance to gardening, I have something to fight back with. (One can similarly ask why the company needs non-disparagement protection.)
Employers and former employees get in stupid tiffs all the time.
It's the "if we end up disagreeing part" that seems like blackmail. And, hey, maybe that's what they're going for! Could say "yep, I want to be able to blackmail them if I need to." But the comment I replied to wasn't that explicit.
How is it blackmail if the company is the one offering the money?
For a few million dollars for a bounded period of time, sure, disconnect yourself from the Internet for that bounded period of time. For $40k, you're just taking on unnecessary problems that you don't actually have the resources to solve.
(I was offered $0 to sign an NDA after leaving my last job. I did not sign it.)
I read sagas about people getting doxxed every day, even children. You may trust your opsec, but it only takes one slip-up to be out a large quantity of money. I wouldn't risk it.