Often, when an employee is terminated, he or she will be asked to sign a severance agreement. Is this you? Don’t be too fast to sign – one of our NYC severance agreement lawyers can help you.
Severance agreements can be very simple — after all, they are a simple exchange of money for a release of claims and some other rights. But sometimes the money offered is insufficient in light of the strength of the claims you are being asked to waive. And, other times, the fine print of a severance agreement can contain provisions which are detrimental to the employee in the long run.
Remember, your New York severance agreement is written by and for your employer – not you.
New York severance agreements frequently also contain non-disclosure, non-solicitation and non-compete obligations that can hinder your ability to earn a living.
And, of course, your agreement might be unfair by providing you insufficient money to compensate you for the unlawful harassment or discrimination you endured. Although New York is an “at-will” employment state, it still is unlawful to terminate someone due to race, age, race, disability, sex, sexual orientation, gender identity, religion or national origin. It is also unlawful to retaliate against someone for opposing unlawful harassment or opposing a failure to pay overtime that was owed. It is also unlawful to fire someone for refusing to commit an illegal act or for exercising their rights to leave. These are just some of the reasons that the termination may be unlawful.
All of these factors should be examined by an experienced NYC severance agreement lawyer. Granovsky & Sundaresh specializes in severance agreements; we have drafted, reviewed, and successfully negotiated thousands of severance agreements.
Have questions or concerns? Do you need the assistance of a NYC severance agreement lawyer? Please call or e-mail us any time.