A severance agreement is a contract between employer and employee documenting the rights and responsibilities of both parties in the event of job termination. Each severance agreement includes a release of claims, typically in exchange for pay and benefits, which is commonly known as a severance package. [Read more…]
Archives for July 2014
It’s important to seek professional advice when making this decision, but it’s also important to have a general understanding of the choices available. There are basically six options.