Category Archives: Severance Review Negotiations
What Exactly Is In The Average New York Severance Agreement?
Contrary to what many people believe, there is no actual law requiring that a New York employer pay an employee severance upon their termination. However, there are situations where it may still be required, usually to do with employment contracts. If you are in a position where you are being offered severance by your… Read More »
How can I make sure my severance package is what it should be?
Sometimes, your employer may simply decide to downsize, but if this happens to you, you will usually be entitled to severance pay if you are laid off due to no fault of your own. Severance is additional pay granted to a departing employee in exchange for a release of claims against the employer. However,… Read More »
