How much is severance in Alberta under the Code Length of employmentAmount of Severance 2 years but less than 4 years 2 weeks 4 years but less than 6 years 4 weeks 6 years but less than 8 years 5 weeks3 more rows •
All you can do is ask. They'll probably say no but you're bound by the companies severance policy/program but legally it's not a required benefit. BUT keep in mind the company wants you to sign that agreement at the end of the day so you could get more. You could try and use trigger words during your conversation.
While severance agreements are generally binding upon signature, their enforceability is not immune to challenge. However, employees faced with signing such agreements should approach them with awareness of their rights and seek legal counsel if they suspect terms are unfair or unlawful before signing.
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.
If you are under the age of 40 or if you are over 40 but it has been more than 7 days, the agreement can be invalidated if your employer committed fraud or deception, or made a misrepresentation to you in order to get you to sign the agreement. The agreement may also be unenforceable if you signed it under duress.
Indeed, there are some cases where the release of claims in a severance agreement might not stop you from suing. For example, if the agreement was signed under duress—such as if you were pressured to sign that agreement under unfair conditions—it might not be enforceable.