Severance agreements are more than just a “thank you” payment from an employee
Companies aren’t required to offer severance pay, but those that do will have different sets of policies and guidelines for how severance is handled.
If you need help interpreting, negotiating, or pursuing an employment or severance agreement, our team can help
The best time to know your rights and leverage your bargaining power is BEFORE you sign an agreement, NOT afterward.
In states like Tennessee, most employees are considered “at-will” which means they can be fired for any reason at any time. Also, most employees receive no additional compensation when they are terminated. Let us negotiate a release of claims, a non-competition or non-solicitation clause, trade secret confidentiality, or other terms your employer may request, to ensure you receive severance or separation pay in return.
If you are negotiating a new employment contract or the end of your current job and want more information about a severance agreement, we have the answers you need.