This can include a class action waiver, mutually agreeing that neither party will seek litigation or arbitration in a class setting. Recently, National Labor Relations Board has vilified these agreements. Employers need to fully understand the risks and benefits of arbitration agreements with class action waivers, including assessing your company’s litigation exposure, the scope of employee work, and ensuring that any agreements are fair and equal to the employee and the employer.
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Is An Arbitration Agreement Right for You and Your Workers?
Courts across the country have shown increasing support for employers’ ability to enter into individual arbitration agreements with employees in which the employer and employee agree that any disputes that may arise between them, (e.g., wage dispute), will be resolved through binding arbitration, rather than in court. So reports ACHR News.
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