Severance Package Negotiation is an important case. When an employer wishes to end your employment, the possibility of a favorable severance package depends on the circumstances surrounding your dismissal/resignation. Severance packages become available in one of two ways: 1) the terms of the severance package are writing into the original employment contract, or 2) the severance package offer is put forth by the employer at a later date in an effort to encourage you to accept and resign.
A quality severance package can provide substantial compensation. And benefits during a period of instability. But it’s important that you understand the initial offer need not be the one you accept. With the aid of a qualified Los Angeles employment lawyer. So, you can successfully negotiate a package that will better serve your interests.
When negotiating a severance package. There are a number of unique challenges and opportunities that the employee may encounter. As both parties jostle for a competitive advantage.
Employers who feel that they are better positioning to secure a favorable settlement may choose to “sneak in” damaging provisions into the severance package. Such as non-compete and non-solicitation clauses that can undermine the employee’s ability to move forward in their career.
However, if the employee has an actionable employment law claim against their employer, things get a little more interesting. Employers is generally disadvantage by the threat of an actionable employment law claim. Whether it involves workplace harassment, unpaid wages, or some other dispute. As such, the employer will likely provide a better “deal” in severance package negotiations in order to get you to agree to relinquish any and all legal claims against them.
At Prestige Law Firm, our employment attorneys have decades of experience representing employees in severance package negotiations. We are uniquely equipped to handle Severance Package Negotiation. Our employment litigation practice is quite extensive. And as such, we have a thorough understanding of the factors likely to influence the severance package offer made by an employer.
Call us at 818-788-0808 or send us a message through our website to schedule a free and confidential consultation with a skilled Los Angeles employment lawyer at our firm.
