No one wants to be handed a severance agreement. Being unemployed is scary, especially in today’s economy. That is why a recently terminated employee must make sure that a signed severance agreement contains the best deal possible.
Some people may think there is no point in trying to negotiate with an employer over a proposed separation agreement. An employee may believe that the proposed agreement “is what it is” and that the employer will not negotiate. And, in some instances, that is true. Often, however, employers will negotiate. For instance, when releasing an executive who worked pursuant to an employment agreement, the employer may be willing to alter the termination terms set out in the employment contract to give the executive a more graceful exit. Likewise, an employer who typically releases workers with a standard agreement that includes set terms may be willing to negotiate an individualized agreement where unique circumstances exist. An employment law attorney can evaluate a proposed separation package and advise the employee how to proceed.
Keith Clouse, a Dallas employment lawyer, handles all aspects of employment law. He frequently advises executives and other employees on employment-related matters, including severance agreements and separation packages. To speak to Mr. Clouse or to another Dallas employment law attorney at the employment law boutique firm Clouse Dunn LLP, send an email to [email protected] or call (214) 239-2705.
