Understanding Severance Offers and Negotiations

Our team of employment law experts can help

We face a tough economy and an even tougher job market—nobody is immune from being laid off or terminated.   Fortunately, many companies are able to offer severance packages to terminated employees who served in a management or an executive position.  If you are separated from your employment, it is imperative to pursue the most favorable severance package possible to ensure the well-being of you and your family while you search for a new job.

Employers are not obligated to offer you a severance package upon you separation.  But if your employer does offer you a severance package, you need legal counsel to guide you throughout the severance negotiation process. I can help you address the finer details involved in obtaining a comprehensive severance package and help maximize the benefits you receive.

Some of the issues that can be addressed are:

  • Compensation
  • Unemployment Benefits
  • Employment referrals
  • Restrictive covenants—Non-competes and Non-solicitation agreements
  • Health insurance continuation
  • Placement assistance

 

Lastly, it is important to review the facts and circumstances surrounding your termination to ensure your contractual or civil rights have not been violated.