Typically, employees are not entitled to a severance package by law. A severance package is usually negotiated between you and your employer. When crafted properly, a severance package provides important benefits to both parties: the employee gets financial compensation and the employer gets certain legal protections.
At The Garner Firm, Philadelphia severance benefits attorney Adam H. Garner has extensive experience drafting, negotiating and litigating severance agreements. If you have any questions or concerns about your severance benefits or your severance agreement, please contact Mr. Garner today to schedule a free consultation.
Employees do not generally have an automatic right to receive severance benefits. Neither federal laws, nor most state laws require employers to offer severance pay to any class of worker. Instead, severance benefits are offered by employers as part of a voluntary agreement with a departing worker. Sometimes severance benefits are part of an established severance benefits plan governed by the Employee Retirement Income Security Act of 1974 (ERISA), while other times severance benefits are offered to individual employees on a case-by-case basis. Of course, this raises an important question: what is in it for the company? If your intuition says that your employer would not give severance benefits away for nothing, you are generally correct.
Most employers offer severance benefits to get something in return from the soon-to-be former employee. Most frequently, employers will look to receive release of claims that essentially requires the departing employee to agree that they will not file a lawsuit against the company. In other cases, the employer may want to offer severance pay in exchange for confidentiality or for an agreement not to disparage the company.
You should remember that the term “severance benefits” works in both directions. The benefits are not just for the worker. All parties to the agreement are obtaining a benefit. As severance benefits are also offered for the benefit of the employer, it is imperative that employees know exactly what they are worth so that they are able to get a fair deal. Before agreeing to accept severance benefits in exchange for something, you should know:
Should any type of dispute over your severance benefits arise, you should contact an experienced employment law attorney as soon as possible.
If you are having any trouble getting the full severance benefits that are owed to you, or negotiating a severance agreement, our employment law attorney can help. At The Garner Firm, we have extensive experience handling severance benefits cases. To get immediate assistance, please call us today at (215) 645-5955 to request your free legal consultation.
Adam did an exceptional job in helping me both understand my situation and fight for my benefits/disability claim. He is extremely knowledgeable about the law and how it will effect your case. He was up front with us on how difficult our case may be and was always available to discuss our situation/answer questions. Adam also cares about you and takes an interest. He did an outstanding job to help me win my case against strong odds and was a blessing to have him as my lawyer. Thank you Adam for all you have done and continue doing on my behalf.
I would highly recommend Adam. He was courteous, professional, and very knowledgeable. He was attentive to my concerns and always responsive in a timely fashion.
I highly recommend him! He worked so hard and fought for what he thought I deserved. He is honest and will not lie to you, someone you can trust.
Adam has provided excellent service regarding my disability insurance claim. He is dedicated, knowledgeable, and compassionate. Adam keeps on top of the situation and responds immediately to any issues. He is always accessible. I would highly recommend him.
Adam is very knowledgeable about the process of seeking disability from the insurance company. After the insurer stopped paying my claim, I knew I needed to talk to somebody experienced in these types of cases. He was so detail-oriented, and I was so impressed with how he presented my case. I don’t know what I would have done without his help!
Adam is an exceptional attorney. He has helped me with my case and delivered a positive outcome that was more than I had expected in a timely manner. He is detail oriented and does not miss anything. He is extremely professional and prompt in updating my case. It was a pleasure working with him and I would highly recommend him to anyone I know.
How did we do?
Note: Your review may be shared publicly.