What is a severance agreement in Hammonton, NJ?

A severance agreement in Hammonton, NJ is a contract between an employer and employee that sets the terms of employment separation. It may include severance pay, continuation of benefits, confidentiality clauses, and often requires employees to waive legal claims. Our attorneys review these agreements to protect your rights.

Why should I have an attorney review my severance agreement in Hammonton, NJ?

Employers often draft severance agreements to benefit themselves. An attorney ensures that your compensation, benefits, and legal rights are protected. We help negotiate fair terms and prevent you from unknowingly signing away important rights.

What clauses should I look out for in a severance agreement?

Key clauses include non-compete restrictions, confidentiality agreements, non-disparagement provisions, and waivers of legal claims. These clauses can impact your future employment and legal options. Our lawyers review these provisions and negotiate better terms where possible.

Can an attorney negotiate a better severance package in Hammonton, NJ?

Yes. Our attorneys often negotiate increased severance pay, extended benefits, neutral references, and removal of overly restrictive clauses. We focus on ensuring you leave with fair terms that protect your financial and professional future.

What should I do before signing a severance agreement?

Do not sign before consulting an attorney. Bring the agreement to our team at Castronovo & McKinney, LLC. We will review it, explain the consequences, and guide you through your options to protect your rights and secure the best outcome.

Hammonton Employment Attorneys for Severance Agreement Review

At Castronovo & McKinney, LLC, we provide legal services to employees in Hammonton, NJ facing termination, layoff, or other employment separations. Severance agreements often contain clauses that limit employee rights, including the ability to take legal action against an employer. Consulting an experienced employment attorney before signing is critical to protect your interests.

Severance agreements typically favor employers. Common clauses include:

Confidentiality: Preventing disclosure of information about the company or termination.
Non-compete: Restricting future employment with competitors or similar businesses.
Non-disparagement: Prohibiting negative statements about the employer.
Waiver of claims: Requiring employees to give up the right to sue in exchange for compensation.

Because these provisions can affect your career and legal options, it is essential to have an attorney review the agreement.

Key Components of a Severance Agreement

A severance agreement in Hammonton, NJ should address:

Severance Pay: Ensure you receive full compensation owed, including unused time off and bonuses.
Medical Benefits: Federal law allows continuation of health coverage for up to 18 months, but employees often pay the premiums. An attorney may negotiate for the employer to contribute.
References: Employers may limit references to job title and dates of employment.
Dispute Resolution: Many agreements require arbitration. An attorney can represent you and advise on your options.
Confidentiality: Often restricts disclosure except to family, attorneys, or in legal proceedings.

Employers usually control the terms of severance. Castronovo & McKinney, LLC works to secure fair compensation and preserve your future employment rights.

Why Work With Castronovo & McKinney, LLC?

Do not sign a severance agreement without legal review. Our attorneys examine the details, communicate with your employer, and negotiate for terms that protect your interests. We focus on safeguarding your rights and ensuring a fair outcome.

Contact Our Employment Attorneys

If you are facing termination in Hammonton, NJ, contact Castronovo & McKinney, LLC for a comprehensive review of your severance agreement. Our team will provide clear guidance and protect your legal rights at every step.