Does My Employer Have to Give Me Severance Pay?
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There is no legal requirement to offer severance pay in Massachusetts. Many employers, however, have severance policies. Many others decide to offer severance in exchange for a release of legal claims. This may be because they are worried about claims you might have. Sometimes it is just offered as a matter of course, or to
If you are fired without a severance package, and think you might have a legal claim against your employer, it is important to talk to an employment lawyer. You may be able to negotiate a severance if you can convince your employer that they may be liable for some aspect of your termination. If you have been given a severance proposal to consider, it is also important to consult an attorney. You likely will have limited time to make a decision, and the agreement could require you to release claims that have a higher value than what you have been offered. There are also often terms in severance agreements that you will want to consider carefully, such as new non-compete or non-solicit obligations. Learn more here about evaluating a severance agreement. |
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