These tips may help you evaluate your severance package. Each case is different so mileage may vary. It’s a great idea to consult with an experienced New York severance lawyer. 1. What is the severance pay schedule? Many companies will propose a payout in 30 or 45 days after execution of the severance agreement. There is no reason...
Continue ReadingAs a general rule, employment relationships in New York are at-will. Typically, that means you can be terminated for any reason (or even no reason), so long as your employer is not basing the decision on a discriminatory or retaliatory motive. Despite this general rule, many companies offer terminated executives New York severance agreements to ease the transition for...
Continue ReadingThe list below was taken from the Ohio Employers Law Blog written by Jon Hymen. The Ohio Employers Law Blog is written for companies and the ten items listed below are points that companies often include in their severance agreements. If you, as an employee, are provided with a severance agreement, you will probably see similar terms in your severance agreement. The...
Continue ReadingWe get a lot of questions about severance packages. People want to know what is in one and how much money they should contain. New York severance packages vary from company to company and there is no set formula to determine their value. In this article, the employment lawyers at Ottinger Employment Lawyers will go over what most severance packages...
Continue ReadingSeverance Package Negotiation Tips My dog Miller loves to play fetch on the beach. It struck me that playing fetch has some similarities to a severance package negotiation. In this video, you can see Miller playing fetch on the beach and I explain how a severance pay negotiation works. You can read more about severance negotiation tactics below the...
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