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now a lot of people lose so much money because they dont know what Severance is or why its being offered so heres the facts they are not offering Severance to be nice or help you land on your feet the reason theyre offering you Severance is because they want you to sign something called a severance agreement this is a waiver of your rights to sue them theres no legal requirement you get Severance but generally a good Severance is two to four weeks of pay for every year of service I highly recommend reviewing Severance paperwork with an attorney