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Severance Pay

Severance pay can be a complex legal and financial issue. It is generally offered by employers as part of a severance pay agreement. This agreement generally states that the employee who is being let go will not be allowed to sue the company for any instance of wrongful termination.

Thus, if you feel that you have been wrongfully terminated, it may be in your best interests to refuse to sign a severance pay agreement. In addition, if you have signed such an agreement but have not received the promised payment, you may be able to sue your employer for breach of contract. If you have any questions about your legal rights or options, contact the wage theft lawyers of Tycko & Zavareei, LLP by calling 202-973-0900 today.

Obtaining Severance Pay

If your former employer has failed to uphold the severance pay agreement you signed, it may be time take legal action. Steps you may want to take include:

Do extensive research. Knowing the law regarding severance pay can help you protect your rights.

Contact your employer and ask about the issue. It may be a case of confusion or miscommunication which can be easily cleared up.

Consult a wage theft attorney. If your former employer has failed to honor the contract you signed, it may be time to file a claim against them.

An experienced wage theft lawyer can help you to send a letter demanding the severance pay and then possibly start a lawsuit if the employer still refuses to pay.