Portland Employment Issues: Severance Pay
Severance Packages & Your Rights
Severance pay may be offered to you upon termination of your employment. This may be as a reward for your service but is more often due to an employer seeking to protect the firm from certain actions you may take following your employment. The severance pay often comes as a package with a
separation agreement which outlines the agreements governing your future actions. These may include the inability to file suit of any kind against your former employer, nor complaints with regulatory agencies. You may be prevented from taking certain data with your, competing with the company or even working for a competitor.
As the restrictions imposed on your life can be far-reaching, a Portland employment law attorney should always be consulted before you enter into such an agreement. While the severance pay offered can be tempting, signing an agreement without legal advice can cause you great hardship, limit your employment options and encroach on your individual rights. The legal team at HKM Employment Attorneys has extensive experience in these matters and we can help to negotiate an agreement in keeping with your best interests. If you have not been offered a severance package, we can help you pursue one.
Employment Lawyer Serving Oregon
Our firm represents companies as well as individuals and can advise your firm on how best to approach severance packages in order to protect your business. Each instance may have its own peculiarities and we can provide a unique evaluation whenever you need legal guidance. Our clients include government agencies and Fortune 500 companies as well as smaller firms and we represent each with full commitment to their interests and goals. Our focus on employment law allows us a broad understanding of all factors involved and the ability to determine effective solutions.
For help evaluating and negotiating severance packages as an employee or employer, contact a Portland employment lawyer at HKM.