Severance Pay: All You Need to Know About Severance Package

Severance Pay: All You Need to Know About Severance Package
dizain/Shutterstock
Due
By Due
Updated:

How many of you acknowledge that it is legal for you to negotiate compensation and benefits after you leave an employer? Some job seekers may understand how to negotiate compensation and benefits when they are employed, but they may be unaware that they may do so after they leave an employer. Most firms provide a severance agreement outlining the financial terms of the employee’s departure from the organization.

Negotiating an appropriate agreement entails thinking about how to conduct yourself during conversations with the employer, how much money and perks you need to survive, and whether or not to hire legal counsel.

Related Topics