involuntary employment separation
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involuntary employment separation
What questions should be asked prior to signing any document describing the benefit package?
Asked on February 28, 2016 under Employment Labor Law, Kentucky
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 8 years ago | Contributor
You want to understand:
1) Will you get any seveance, and how much?
2) If you get severance, how will it be paid--lump sum or over time? Note that if over time, you generally will not be eligible for unemployment will receiving the severance checks?
3) Will any unused paid time off be paid out?
4) Will you receive any health insurance or reimbursement for health insurance costs after termination?
5) Are there any non-competition or non-solicitation obligations and, if so, for how long, and in what geographic region?
6) Will you have any non-disclosure or confidentiality obligations, and if so, what?
7) What sort of a recommendation can you get from the company?
8) By signing the document(s) are you giving up any claims or rights?
And don't rely just on the oral answers--read the documents *carefully*; whatever you sign is what you are held to.
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