Delete Alternative Choice to the Severance Agreement and eSign it in minutes

Aug 6th, 2022
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How to Delete Alternative Choice to the Severance Agreement

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hi amanda hi josh what are we going to talk about today i thought we could talk about separation agreements or severance agreements a lot of connecticut employees come to us having been just laid off theyre notified of the layoff and then they get this complicated legal document and theyve never seen anything like this before theyve probably never been laid off before and theyre freaking out they dont know what to do they email us or they call us and they say help what do you say well first thing i say is take a deep breath try to relax uh i know youve heard that one before its amazing how the the advice we give to almost everybody who comes into our office is take a deep breath were gonna figure this out and usually we do yeah well you know this is well we see it every day josh a lot of connecticut employees dont and for most people this is the first time theyve ever been in a situation like this and its scary um but while maybe the first time youre going through it this i

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Though sometimes used interchangeably, termination pay and severance pay are not the same thing. While all employees of three months or longer with a company are entitled to termination pay (in place of notice) upon dismissal, not everyone is entitled to severance pay.
Yes, your employer can change or even cancel your severance amount if you do not have a contract detailing how your severance package is calculated. If you do not have an agreement, you employer has full discretion to determine how much to offer, to change the offer, or to simply not offer a severance package.
Severance packages often demand you sign a release waiving any right to sue the company or pursue further claims against it. So you might not wish to accept a severance package if you think you have been wrongfully terminated or discriminated against, and you might want to take legal action in the future.
When it comes to offering a severance agreement, you need to allow for a 7-day revocation period where the employee can reject the offer that they signed. Before the revocation period starts, you should allow the person 21 days to consider signing the document.
Fraud, misrepresentation, duress, or unconscionability are common defenses you can use if you want to void a severance agreement that you already signed.
Fraud, misrepresentation, duress, or unconscionability are common defenses you can use if you want to void a severance agreement that you already signed.
What If You Already Signed A Severance Agreement? If you are over the age of 40 and 7 days have not passed since you signed it, you can revoke it by giving notice to your employer in writing.
If you are under the age of 40 or if you are over 40 but it has been more than 7 days, the agreement can be invalidated if your employer committed fraud or deception, or made a misrepresentation to you in order to get you to sign the agreement. The agreement may also be unenforceable if you signed it under duress.

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