It has become very difficult to fire an employee in modern times. Even when you have a perfectly valid reason, a disgruntled or angry worker can hire an attorney and come after you for wrongful termination, requiring an extensive amount of time and financial resources to deal with it. The only way to ensure this does not happen is by signing a thoroughly-vetted and solid severance agreement.
Whether you are an employee looking to secure your benefits after you have left your position or an employer looking to maintain peace of mind, our New Canaan employment attorney at Brickley Law can assist you with your severance agreement needs. Attorney Ann Halan Brickley has more than 20 years of legal experience in the field of employment law, and can put her extensive knowledge to work developing a customized solution that’s perfect for your situation.
Important Terms of Severance Agreements
A severance agreement is a document an employee signs when they are released that waives their right to legally sue their former employer. This does not come free, however, as a severance agreement usually also includes a compensation package.
Compensation for a severance agreement can include:
- A cash payment
- Extended health insurance benefits
- Unemployment payments
- Retirement benefits
- Stock options
- Assistance searching for new employment
It is important when offering one of these packages that you know when it is appropriate and how to do so. You don’t want to offer a package to an employee who has blatantly disregarded the rules, such as stolen from the company, damaged its reputation irreparably, or committed some form of harassment. However, you also don’t want to force an employee to take one, as doing so renders an agreement null in the eyes of a judge.
Get help with your severance agreement needs; contact Brickley Law! We accept cases in New Canaan and local surrounding areas, including Wilton, Darien, and Norwalk.
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