At first glance, severance agreements may look like a generous offer. After all, your employer is giving you money that it does not legally owe you. But it’s important to remember that Companies offer severance agreements for a reason: to protect the company—not you. Severance agreements are contracts, and once you sign, you may be
Typically, employers are not obligated to offer severance benefits unless there’s a prior commitment, outlined in a written policy or employment agreement. In most cases, severance pay agreements fall within the discretionary realm of the company, often presented in exchange for a comprehensive release of all claims. Now, let’s
Summary:
With Layoffs on the rise, it has put a palpable amount of pressure on workers around the country. Turning a season of cheer into one of stress and uncertainty. There are many laws that are in play that govern how an employer must go about
