My Employer Offered Me A Severance, Should I Get The Agreement Reviewed Before I Sign It?
Yes, talk to an Ohio Employment Lawyer at Mansell Law today to discuss having your severance agreement reviewed. Many employers require employees to sign agreements containing broad legal releases in return for a severance payout. By signing the agreement, you could be waiving important legal rights or claims you have against your employer. Speaking to an employment lawyer about your severance package will help you understand exactly what you are agreeing to when you accept your severance package. Our Ohio Employment Attorneys may also be able to assist you in negotiating a bigger severance. Contact us today to book a review and consultation of your severance package.
If the right to change the contract was in the original severance contract, yes. If not, no, a signed contract cannot be changed.
That would be outlined in the merger agreement.
You need to review the contract that you signed to determine your rights and obligations under that particular contract. If you signed it already you should have it reviewed by an attorney. The best practice would be to have it reviewed by an attorney before you sign.
No one is ever entitled to severance pay. Severance pay is either a listed benefit from the employer or not. It is the employer's decision to give severance, however, severance should be written into the first contract the employee signs if it is a benefit. It is important to ask possible new employers about severance before signing a contract. Depending on how important that back-up is to you, you can go forth with the company or not. This article goes into more detail on severance pay and other aspects such as its relation to obtaining unemployment benefits.
No. Once the severance agreement has been signed it becomes a legally binding contract.
Joan Severance's birth name is Joan Marie Severance.
Alexander Severance was born in 1905.
Alexander Severance died in 1985.
Cordenio Severance died in 1925.
Cordenio Severance was born in 1862.
Carol Severance was born in 1944.
Severance Hospital was created in 1885.