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Severance Agreements

All Severance Agreements Articles

Is the Severance Package Worth the Trouble?

One of the first questions an employee being terminated and offered a severance agreement should ask is whether the benefits are worth it.   Someti...

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Lay-Off

When it comes to employment severance, the majority of questions I receive, and engagements I take, seem to start with what I call strategy & fe...

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New Jersey Employees Not Guaranteed Severance Pay

One of the most common questions an employee who has been terminated asks is – “Don’t they have to pay me severance” or “aren’t they req...

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Severance Agreements and Attorney Fees

Most severance agreements contain provisions permitting the company to file a lawsuit and seek injunctive relief against the employee.  These provisi...

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Severance Agreements: Important Laws

Leaving your job or getting fired is just like a relationship ending, it could be amicable and it could also be a disaster. Either way, losing your em...

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Severance Packages for Laid Off Employees

The federal law does not require employers to give severance pay to laid off or terminated workers, unless such agreement is included in the employmen...

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Severance Pay

Severance pay, although not a required benefit, may be given to an employee upon job termination. Employers have no obligation to provide severance ...

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Severance Pay and FICA Taxes in New Jersey

New Jersey courts have not made a ruling regarding whether severance pay is subject to the Federal Insurance Contributions Act (FICA).  However, a Un...

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Waiver Provision in Severance Agreements

Almost every Severance Agreement contains a waiver provision in which the employee agrees to waive their right to sue the company or challenge the v...

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