Severance Package Negotiation

Severance package pertains to the pays and benefits that employees may receive upon leaving their companies in addition to their remaining salaries. This package may include the following:

• Added payment based on the span of their service in the company


• Vacation and/or sick leave that they did not use


• Insurance benefits (May include medical, dental and life insurance)


• Retirement benefits for retiring employees


• Stock options


• Support in looking for other jobs

Usually, severance packages are being offered to those employees who have been laid off or to those who have reached their retirement age. In some instances, employers offer it to employees who resign or who are terminated for whatever reasons.

The policies regarding this type of employment package are often included in the company’s employee handbook, given to employees upon hiring. It is also important to know that the state of California follows the “at will” employment policy. Thus, it is better to start severance package negotiations with the help of an employment attorney even before your first day of work.

A company’s severance contract may contain stipulations that an employee who opt to accept the package will not further initiate a wrongful termination lawsuit or make an effort to demand unemployment insurance. Hence, it is an advantage for any employee to consult an employment attorney before signing or collecting their severance package.

Our law firm in California, with more than a decade of assisting workers regarding legal matters of employment, has a team of highly qualified attorneys. Our employment attorneys have the knowledge and expertise about the laws and procedure associated with severance packages and other employment benefits.

If you have any concerns regarding your severance package negotiations with your employer, dial our toll-free number and let our attorneys evaluate your case. We will help you in settling your issue before it reaches the court.

Further, we will guarantee your protection against any retaliation from your employer. We will ensure that you will obtain the suitable severance payment. Just give us a call and tell us the details and our friendly legal staff will assist you with your problem.