Typically, severance agreements handle employee references one of three ways. Sometimes the agreement is silent on the topic of references altogether. Commonly, severance agreements contain a “neutral reference” clause. And rarely, they include a letter of reference. What should I do if my severance agreement has no provision regarding a
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It has to be tempting to sign a severance agreement right away. You were just terminated, you are probably wondering about how you are going to pay bills, make ends meet, find your next job, etc. The severance you’ve been offered seems like a lifeline. Maybe it is… BUT YOU
You probably do not need/want a mutual non-disparagement clause in your severance agreement. All clients want this, but most companies bristle at it for a fairly obvious reason – while it is fairly simple for you, a single employee, to not talk smack about a company, it is impossible for
No one likes to be fired, least of for a mistake or misunderstanding or a minor infraction. But it happens all the time: for whatever reason a boss doesn’t want to work with an employee anymore and finds a reason to fire him or her. And that is all it
If you are asked to leave your job involuntarily, your employer may ask you to sign a severance agreement—an agreement that, once you sign, will entitle you to a sum of money. On the flip side, you need to understand that the employer is seeking something in return for that
1. If I negotiate my severance, will my employer take the original offer off the table? Probably not. This is possible but not likely. Your former employer offered you severance in exchange for your promise to shut up, go away, and not sue them. It is unlikely that they will
I Have Been Asked to Sign a Severance Agreement, What Should I Review in that Document? You should review everything if you receive a severance agreement, and you should not assume that it is just “boilerplate” language that is the same in every severance agreement. It is important to understand
Because Your Employer Used a Lawyer Your employer probably had a lawyer prepare the severance agreement offered to you, so you are likely at a disadvantage if you simply sign without really examining the document. Your severance was written by and for your employer – not you! When you hire
