Should I Accept A Severance Package?

Losing your job is a traumatic experience. Dealing with the situation often requires making quick and difficult decisions. One of the first decision many people must make is, whether or not to accept their former employer’s severance package. This is a critical decision that carries significant legal consequences.

Typically, an employer is free to lay off employees and pay them nothing beyond their final paycheck. However, many employers condition severance pay on the employee signing a release: an agreement not to sue the employer for claims arising out of the employment relationship. In other words, if you want severance pay, you'll have to sign the release. That said, an employer cannot force you to sign a severance agreement or release.

If you are asked to sign a severance agreement that includes a release, you should consult with the experienced attorneys at Humble Law.

If you’d like to discuss your severance package with a Humble Law Attorney, please contact us!

Birmingham: 205-419-8068

Nashville: 615-800-3041

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