Severance Agreement Review
Knowing the Details of the Severance Agreement
Some employees blindly sign a severance agreement without knowing what the agreement contains.
If they do this, they could be binding themselves to terms that are strongly to the employer's advantage.
Employees should understand the compensation they are receiving, when they are receiving it, and what they are agreeing to in exchange for this compensation.
The employee is likely giving up some significant legal rights in order to receive this compensation.
Frequently, a severance agreement will require an Arizona employee to forego the right to sue their employer and it may contain a non-compete agreement.
It is beneficial to know the exact details of the severance agreement.
For example, if you are being terminated and have a strong workplace discrimination claim against the employer, you may want to discuss this potential claim with an employment attorney before signing any document as you may be barred from pursuing a discrimination claim if you sign the agreement.
The Arizona employment lawyers at the Tyler Allen Law Firm can review your severance agreement before you sign, ensuring your rights and best interests are protected.