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.

Severance Agreements Generally

What is a severance agreement?
Does my employer have to pay severance pay?
Can you negotiate the terms of a severance agreement?
What is a reasonable severance amount?

Release of Claims in a Severance Agreement

What does the release of claims mean?
How do I know if I have any claims to release?
How do I know what those claims might be worth?
What are my options if I don't want to release claims?

Other Severance Agreement Terms

What does a non-disparagement clause mean?
What does a cooperation clause mean?
Why is there a seven day revocation period in the agreement?
What if the agreement asks me to reaffirm a non-compete?
Is new non-compete language in a severance agreement enforceable?
Can the employer hold final vacation pay until the severance agreement is signed?

Other Severance Agreement Questions

How much time should I have to consider a severance agreement?
What happens if I don't respond by the deadline?
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?

Need Help With a Severance Decision?

Call (781) 784-2322

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How We Can 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, or give us a call at 781-784-2322.