The Collective Collective Bargaining Agreement enables employers to offer a collective, negotiated departure to several of their employees. More flexible than a PSE, it must nevertheless be handled with care. Recent developments in case law should be noted.
“They have the same name, but the collective severance agreement has little in common with the individual severance agreement. It follows neither the same rules, nor the same ambitions”, warns Alexandra Stocki, associate lawyer at Proskauer Rose Llp, a specialist in employment law.