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December 2018 Archives

Can I negotiate the severance package offered to me?

A severance package is a contract between an employer and an employee that is sometimes offered when the employee leaves the company. Often, as part of the severance agreement the employee must agree not to sue the employer. In exchange for this, the employer offers severance pay. In many cases, employees have at least 21 days to accept a severance deal, and are able to negotiate the severance terms. Depending on your situation, it may be helpful to have a lawyer review your severance package before you agree to it.

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