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Severance Package FAQs

Severance pay is not required by law (unless you have a contract providing for it), but many employers do offer some severance when an employee is terminated.  We have helped many people with review and consideration of proposed severance packages- below are some of the most frequently asked questions we hear, and links to their answers.

What is a severance agreement?
​Does my employer have to pay severance pay?
How much time should I have to consider a severance agreement?
What is a reasonable severance amount?
How do I evaluate a severance agreement?
What does the release of claims mean?
Can you negotiate the terms of a severance agreement?
Can the employer hold final vacation pay until the severance agreement is signed?
Is new non-compete language in a severance agreement enforceable?
What impact does severance pay have on unemployment benefits?
Is there a legal difference between a lump sum payment and severance payments made over a period of months?

How Can We Help?

We can help you navigate these issues and get clarity on your rights and obligations if you have been fired or laid off or are considering firing an employee.  You can use the button below to schedule a call back from a member of our team, give us a call at  781-784-2322, or fill out our web form  to let us know a little more about your situation.

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