Severance Pay Package Negotiation
Severance Agreement Tax and ERSA Pitfalls
Just read Separation Agreements: Breaking Up Is Hard To Do by Daniel R. Brice and Jonathan M. Cerrito the Tax and ERISA compliance pitfalls of servance agreements.Read More
A Severance Agreement Must Have Consideration To Be Enforceable
What is the consideration for the severance pay agreement? If the employee is already entitled to everything that is in the severance pay agreement there is no consideration and there is no reason for a terminated employee to sign the release of all claims. If the employer wants the release agreement to be valid there…Read More
I was handed a severance agreement as I walked out the door. Now what?
Should you sign the release and waiver of all claims or not? Employers who offer a severance agreement with a release of all claims, generally want to get the release signed. The reason for this is that the release language in a severance agreement concludes the employment relationship and makes sure there is not going…Read More