Occasionally, when layoffs or terminations occur, an employer may offer departing employees severance payments. In other cases, an employer may be willing to negotiate severance after termination in exchange for a release of claims an employee has raised against the employer.
But, severance packages often contain very restricting language, and the employee should have a complete understanding of the potential impacts.
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Strategies for pursing and negotiating severance vary with each case. Moreover, severance packages often contain very restricting language, and the employee should have a complete understanding of the effect of the severance on their ability to address claims against the employer, accept employment with a competitor, solicit business, and/or file for unemployment benefits before signing a severance agreement.
At Workplace Law PDX, our attorneys are help you navigate these negotiations to make sure your rights are protected and ensure a smooth transition to your next workplace. Work With Us →
