As a Milwaukee Employment Attorney, I am often asked to review proposed Severance Agreements for employees, professionals and executives. As these agreements almost universally contain a release of claims, the first, and most important step is to evaluate what employment law related claims the employee will be releasing by signing the agreement. One cannot determine whether the monetary consideration provided …
Severance Agreements – Frequently Asked Questions
What is a Severance Agreement? A severance agreement is a written contract between an employer and an employee which typically provides the employee with monetary compensation and/or a continuation of benefits at the end of the employment relationship in exchange for the employee’s release of claims they may have against the employer. Is My Employer Required To Offer Severance? Maybe. …
EEOC’s Strategic Enforcement Plan for 2013-2016 Targets Severance Agreements That Prohibit Employees From Exercising Rights
Wisconsin employment law attorneys who focus on employee rights are often called upon to review severance or separation agreements proposed by employers. At the time of termination, some employers offer severance or separation agreements to employees which provide typically rather modest monetary benefits in exchange for the employee’s release of potential claims against the employer and other terms usually including …