Washington Employment Severance Documents Package
Description
How to fill out Employment Severance Documents Package?
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FAQ
When going through the termination process with an employee, make sure they are given these required documents: Final paycheck acknowledgment- Signed by the employee. For your benefit (Form 2320) COBRA notice. Health Insurance Premium (HIP) notice.
The employer must give written notice of termination of employment in ance with the notice period provided for by law to the worker who is being terminated. If they do not give notice or do not give sufficient notice, the worker is entitled to an indemnity, that is, monetary compensation.
Severance pay is not required under any law or statute in Washington, however, it can be a term in an initial employment contract. It can also be part of a collective bargaining agreement. Some companies offer severance pay when laying off or terminating an employee as a good will gesture even if it is not required.
An employee termination checklist creates an outline for employee exit processes within your business. The checklist contains information you need to give terminated employees, items you need to retrieve from exiting employees, exit interview information, and more.
How to ask for a severance package Review your company's documents. You can typically find details of the company's policy regarding severance packages in a couple of places: ... Make note of your accomplishments. ... Stay professional. ... Negotiate severance during your job offer. ... Agree to an exit interview.
Businesses may fire any employee at any time, for any or no reason, as long as they are not violating any employee protection laws. However, workers may request the reason for discharge by sending a written request to the business for a signed written statement of the reason for discharge and the effective date.
Elements of a severance package that might be up for negotiation: Amount of severance pay. How severance is paid (installments or lump sum) Coverage of healthcare plan costs. Exact date of termination. Vesting in a retirement plan or stock options. Outplacement or job-training services.
There is no general requirement that an employer provide an explanation for a discharge of an at-will employee. But Washington does require written notice of the reason for termination if the employee makes a written request. WAC 296-126-050.