Should I Accept This Severance Package?

Should I accept the severance package offered by my employer? This is a question that you should discuss in detail with an employment attorney in order to weigh the rights you are waiving and the benefits you are receiving. For example, three weeks of pay may not be worth agreeing to a 6 month non-compete. Therefore, it is important to discuss all the details of your severance package, the benefits you will receive, the rights you will waive and the new contractual requirements you are required to comply with after signing the severance agreement. Sometimes you may be giving up a lot more than you are receiving.

February 22, 2010 – Tom McKinney – Castronovo & McKinney – New Jersey Severance Attorneys

About the Author

Tom McKinney is an experienced NJ Employment Lawyer in all major areas of labor and employment law, including discrimination, harassment, overtime violations, wage and hour claims, sexual harassment, wrongful discharge, Title VII, ADA, ADEA, FMLA, LAD, FLSA, and all other employment law claims. Tom is admitted to practice in the States of New Jersey and New York, United States District Court for the Eastern District of New York, Southern District of New York, District of New Jersey, and United States Court of Appeals for the Third Circuit. Prior to forming the firm, Tom practiced at Gibbons P.C. in Newark, NJ. If you have any questions regarding this article, contact Tom here today.