Employment or Job Termination Package - Alaska 2025

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Generally, in Alaska, you are employed at will. This means your boss may fire you without any advance notice, for any reason or for no reason, except that you cannot be fired for a reason that is illegal discrimination, or violates public policy.
If you are terminated by your employer, your employer must pay you all monies owed within three working days after the day of termination (not counting weekends and holidays). If you quit, you must be paid by the next regular payday that is at least three working days after your last day worked.
A severance or exit package is a bundle of benefits offered to employees who are laid off, terminated, or, under specific circumstances, voluntarily leave their jobs. They most often include financial compensation, continuation of certain benefits, and placement services to find a new job.