When an employer terminates an employee they usually ask them to sign a severance agreement. The reason employers ask employees to sign severance agreements is so that the employee waives forever any claims they may have against the employer. Claims which employees may have against employers include discrimination claims, wage claims, wrongful termination claims, retaliation claims and more. That is why employers are usually very anxious to have a fired employee sign a severance agreement and that is why employees should carefully consider whether there are any potential claims that they are giving up and carefully review any proposed agreement.
Our New Canaan employment attorney at Brickley Law can assist you with reviewing and negotiating your severance agreement. Attorney Brickley has more than 20 years of legal experience in the field of employment law, and can put her extensive knowledge to work for you.
Important Terms of Severance Agreements
A severance agreement usually includes a compensation package.
Compensation for a severance agreement can include:
- Cash compensation
- Extended health insurance benefits
- Retirement benefits
- Stock options
- Assistance searching for new employment
The terms of a severance agreement are usually negotiable.
Get help with reviewing and negotiating your severance agreement; contact Brickley Law! We accept cases in New Canaan and local surrounding areas, including Wilton, Darien, Norwalk, Stamford, Greenwich, Westport, Fairfield County and throughout Connecticut.
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