This includes guidance on the pros, cons and considerations regarding arbitration; a process checklist with tips for rolling out the agreements; FAQs for conversations with employees about arbitration; an arbitration agreement; and a handbook policy.
Is it advisable for your company to maintain pre-dispute arbitration agreements with your employees?
The answer is far more complex than it may seem, as there are pros and cons and many considerations unique to each individual employer. While an arbitration program may minimize the impact of class and collective action litigation, it could also potentially lead to a higher incidence of claims – all on the company’s dime.
Fortunately, fpSOLUTIONS’ Dispute Resolution Agreement Packet (non-California) provides guidance on the pros, cons and considerations regarding arbitration; a process checklist with tips for rolling out the agreements; FAQs for conversations with employees about arbitration; an arbitration agreement; and a handbook policy.
This packet does not address issues relative to California. California employers should see fpSOLUTIONS’ California Dispute Resolution Packet.
This Arbitration Package and any information contained herein is provided for informational purposes only, and does not constitute legal or tax advice. Any document(s) and information should be reviewed by your respective legal counsel for the state(s) and jurisdiction(s) in which your employees work and/or in which you operate to ensure compliance with all applicable federal and state law, and to ensure that it is appropriate to your particular situation. The template arbitration agreement contained in this package assumes application of the Federal Arbitration Act (FAA) and does not account for all state or local law requirements; therefore, if your employees are involved in interstate commerce, including transporting goods across state lines or engaging in the transportation of goods or people, you should review and update the agreement to ensure compliance with applicable laws. Various provisions may need to be tailored to meet your specific business objectives, which should be done with the advice of legal counsel. Note that federal, state, and local laws are regularly updated and new laws are implemented; therefore, you should review all relevant laws in effect for any changes prior to use. The materials are intended for personal use only and distribution without fpSOLUTIONS’ express written consent is prohibited.