Daily Archives: August 30, 2008

Employee Tip: Things to Consider When Your Employer Offers a Severance Agreement

If an employer has offered you a severance agreement, you should consider the following things.

Note: this post does not give legal advice. For legal advice about your severance situation, please contact an attorney.  To reach me, click here:

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  • Consider deadlines, and act promptly.

The moment you are given a severance agreement, check it for a deadline. Chances are, your employer gave you a deadline in which you must agree to, or decline, the severance. For workers 40 years old or older, federal law requires employers give at least a 21-day period to review the severance agreement.

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