For Employees: Should I Sign a Separation Agreement?
For an employee, the question of whether to sign a separation agreement often comes at an already difficult time. If your employment has just been terminated and now your employer is asking you to sign an agreement, it’s important to take the time to ensure that you’re making the best decision for yourself. It is often advantageous to seek out an attorney, skilled in employment law, to make sure you know your rights. Typically, an employee only has a short window of time to act on a separation agreement, so it’s best to get advice from a knowledgeable attorney as soon as possible.
A benefit of signing a separation agreement is that it may clarify a confusing situation. The agreement should state that the employee was terminated, along with the termination date and, potentially, the reason for termination. The separation agreement may also discuss the employee’s severance package. Since it is in the company’s best interest for the employee to sign a separation agreement, the employee must decide if the severance package offered, if any, if worth releasing rights to bring a claim against the company. The employee may have leverage in terms of negotiating a better severance package. Speaking to an attorney before signing any agreement discussing a severance package will allow the employee to determine if they may be in a position to negotiate. An employment attorney can help the employee realize if he is a member of a protected class, may have been unlawfully terminated, or have any other leverage that can be used when negotiating.
Call General Counsel PC Today
Whether you’re an employer or an employee who has just been terminated, attorneys at General Counsel PC can provide you with the knowledge and assistance to ensure your best interests are protected. Our attorneys are specialized in employment law and business law, assisting businesses and individuals across Virginia, specifically in Fairfax County, Arlington, Loudoun County, and Prince William. Contact General Counsel PC at 703-436-9838 today to see how we can help you protect your legal rights.