Suing Employer For Severance In Bexar
Description
Form popularity
FAQ
Keep it friendly. Don't hint that you may sue or are looking to make their lives difficult. Respond to the severance email or reach out to HR directly saying you'd like to discuss the severance agreement. Come prepared with research.
What is the downside to severance? The downside to severance includes financial drawbacks such as loss of steady income, potential loss of benefits, and uncertainty about future job prospects, as well as the impact on retirement savings and benefits.
First you can simply ask. The offer of severance is not a legal obligation. It is an attempt by the employer to assure that you will never make any claims against it. Some times simply asking for more can trigger a discussion, but do not count on it. Especially in a RIF where many people are involved.
How to Negotiate Your Severance Package Understand Your Rights and Company Policies. Assess the Terms of the Initial Offer. Consider Seeking Legal Advice. Evaluate Your Unique Circumstances. Identify Negotiable Elements. Articulate Your Contributions. Propose a Counteroffer. Maintain Professionalism.
Severance packages are often negotiable, but it is rarely a good idea to do it yourself. You would be wise to consult an employment lawyer, so you can understand what claims, if any, you have and their potential value in order to develop a negotiation strategy.
In California, severance agreements are legally binding contracts. Depending on how the agreement is structured, signing it may not always be in your best interests. Learn what to consider before signing your severance package and how a California employment law attorney can help you protect your rights.
Yes, you can counter a severance package. However, since employers are not legally required to offer them, it is hard to have any leverage for the negotiation unless you have a potential discrimination claim against the employer that acquired your prior company.