Denver Severance Agreement Lawyers
Ensuring Employees Are Treated Fairly Upon Termination
If you’ve been laid off or have resigned from your job, your employer may hand you a termination agreement, severance agreement or separation agreement and general release. Whatever your employer calls it, it may look like a “business-as-usual” communication on company stationery. Beware that it probably contains terms and clauses that are mostly to your employer’s advantage.
Instead of hoping for the best, get the help of a Denver severance agreement lawyer at Colorado Employee Advocates to obtain fair treatment during this time. Don’t throw away your earned legal rights, contact us today!
How Severance Agreements Take Advantage Of Employees
To persuade you to sign a severance agreement, your employer might tempt you with severance pay, extra severance pay or a substantial overall package. Unfortunately, due to the vulnerability (both emotional and financial) that accompanies these situations, many employees just take the money on the table without a negotiation. They don’t realize that the severance agreement is binding and effectively relinquishes their right to ever sue the employer upon accepting, acknowledging and signing the severance agreement.
As soon as you are handed such an agreement, schedule a consultation with us. We can advise you on whether the agreement contains all the legal requirements necessary to be protective of your interests and evaluate the leverage you may have for negotiating a higher severance pay. Contrary to what human resources or your boss may tell you, you are never required to sign such an agreement immediately.
Protect Yourself Before Signing – Call Colorado Employee Advocates Today
Your employer should give you a reasonable amount of time to consider the severance offer, including time to contact an attorney to review it. If the employer refuses to increase the value of your severance package, you may decide that it is best not to sign the agreement in order to keep your right to pursue legal action against your employer.
You always have the option of retaining counsel to negotiate an increased package on your behalf. You have much to gain from this approach because an experienced attorney can provide you with the expertise and insight you need to bring your employer to the table in a manner that is satisfactory to you. If at the conclusion of the negotiations you feel you would be better off declining to sign it, you may decide to vindicate your rights in another forum.
You are not alone in your severance negotiation. Call Colorado Employee Advocates today at 720-759-2795 to discuss your legal rights and options.