Are initial severance pay offers typically what employers expect to pay?
My employer has offered me a severance package to resolve a dispute at work. It wasn't negotiated, they simply made an offer. Do companies normally expect to pay more than their initial offer?
2 answers | asked Jun 23, 2012 07:47 AM [EST] | applies to California
Answers (2)
Do companies "normally expect" to pay more? Not if they can help it!
You say you had a "dispute at work." If you have valuable claims that arise from your employment, it's a bad idea to accept what inevitably will be an agreement not to sue, in exchange for the severance offered. You need to sit down with an attorney experienced in employment law to go over the agreement, your employment, the "dispute", and other considerations, to make that decision.
You're welcome to contact me to arrange a consultation to go over this agreement, and evaluate your potential claims.
Janet M. Koehn
290 Maple Court, Ste 118
Ventura CA 93003
805-658-0655
posted by Janet M. Koehn | Jun 23, 2012 10:39 PM [EST]
You say you had a "dispute at work." If you have valuable claims that arise from your employment, it's a bad idea to accept what inevitably will be an agreement not to sue, in exchange for the severance offered. You need to sit down with an attorney experienced in employment law to go over the agreement, your employment, the "dispute", and other considerations, to make that decision.
You're welcome to contact me to arrange a consultation to go over this agreement, and evaluate your potential claims.
Janet M. Koehn
290 Maple Court, Ste 118
Ventura CA 93003
805-658-0655
posted by Janet M. Koehn | Jun 23, 2012 10:39 PM [EST]
Hello. There are no laws that govern issuing severance and the amount of severance and generally, any payment of severance is a gratuity. Having said that, in many cases it's worth to at least try to negotiate a higher amounts. There are different techniques and strategies to do that depending on the specific facts of your employment, including the length of your employment with the company, size of the company, reasons for lay-off or termination, and a number of other factors.
Thanks, and feel free to follow up.
Arkady Itkin
San Francisco Employment Lawyer
posted by Arkady Itkin | Jun 23, 2012 09:51 AM [EST]
Thanks, and feel free to follow up.
Arkady Itkin
San Francisco Employment Lawyer
posted by Arkady Itkin | Jun 23, 2012 09:51 AM [EST]
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