Employees may seek financial protection in case they are terminated without cause. There are many advantages to negotiating severance agreements before or after employment is offered. Severance agreements grant compensation to employees when they are not at fault for...
severance agreements
Be aware of severance agreements
Terminating an employee is distressing for the worker and may pose legal risks for employers. Separation packages or employment contracts often contain severance agreements intended to protect employers. Workers should be prepared to negotiate a fair and reasonable...
Tips on getting the best severance agreement
Employers may offer severance agreements to smooth the departure for terminated employees. In return for certain benefits, however, the soon-to-be former employers want important concessions. Employees can increase their bargaining power by taking certain actions to...
Severance contract may threaten safety
Fine print in severance agreements should be carefully reviewed because it may restrict important rights. According to employment law experts, Tesla deterred terminated employees from revealing safety concerns with the public in its severance agreements. The automaker...
Negotiating a good severance package
Labor laws usually do not require any severance package or severance agreements for employees. Those who are terminated for cause or at-will or low-level employees have less opportunities for receiving severance. There are several recommendations for negotiating a...
Representing professionals in negotiating severance agreements
A previous post on this blog talked about how, in the professional world, severance agreements are becoming more and more common when a professional employee, like a doctor, business executive, accountant or other professional, leaves his or her place of employment....
Overview of severance agreements
No salaried employee in the greater Harrisburg area or, for that matter, in any other part of Pennsylvania ever wants to be called in to their office's human resources department to discuss impending "cuts" or, more specifically, the involuntary termination of their...