Employment Law Discrimination - Severance Pay Package

Employees who are terminated may receive a severance package from their former employers. These packages may include payments, continued salary, vacation or sick pay, stock options, and job-search assistance. Each company has a different policy, and these packages are not typically required by law. Consequently, your company may require you to waive any legal claims you may have against it in exchange for severance. Employers may or may not inform their employees about available severance packages. You should check with your employer to determine your options.

There are generally three issues that may arise relating severance agreements. First, your former employer may refuse to give you the severance that it promised you or that it gave to other terminated employees. Second, your former employer may try to use your severance agreement to prevent you from working for another company or from bringing a lawsuit against it. Third, your former employer may deny you the payments or benefits to which you are entitled under the law. If you have any of these problems, you may be able to sue your former employer to get the proper severance benefits and other damages.

Nichols Kaster & Anderson, PLLP has litigation experience in many types of cases. If you think you may become involved in litigation with your employer, feel free to contact us.