A severance package is pay and benefits employees receive when they leave
employment at a ... Severance pay is not required if the employee was terminated
with "just cause." Just cause is ...
In a majority of situations, severance pay laws do not require employers to offer ...
benefits if they were terminated for reasons other than serious misconduct.
Apr 13, 2007 ... Companies pay severance because it's cheaper than being sued for ... Another
reason for severance is to compensate for non-compete ...
Normal circumstances that can warrant severance pay include layoffs, job
elimination, and mutual agreement to part ways, for whatever reason. Severance
A severance package is pay and benefits that an employee is offered when they
... According to one recent survey, the number one reason is to avoid a future ...
Nov 2, 2011 ... Plus, HP agreed to pay for his legal fees to negotiate the package. ... But they
must give you at least 21 days to sign a severance deal if you are ...
There is generally no requirement that severance or termination pay be given ...
such pay or unless there is another specific reason a severance package would ...
Jul 27, 2009 ... What you need to know before accepting a severance pay agreement from your
And, employers must pay severance when they have agreed to do so. ... If you
have any legitimate reason to believe that your layoff is illegal, don't sign the ...
A severance package usually includes an amount of pay and benefits a ... you to
provide severance, some employers choose to do so for various reasons.