by Durham Law Firm | Jan 9, 2017 | Business, Employment Law
Before you sign your severance agreement you should ensure that all of the details in the agreement are true and accurate. For example, you may be entitled to unused vacation time or a final paycheck. Make sure these details are included in the agreement. Once you...
by Durham Law Firm | Dec 27, 2016 | Business, Employment Law
Getting a lawyer to read over your severance agreement carefully is the smart thing to do. They may discover hidden clauses or other technical details that you would miss if you didn’t have someone else read it. Sometimes companies will attempt to use the terms of a...
by Durham Law Firm | Dec 20, 2016 | Business, Employment Law
Negotiating the terms of your severance package might not be the most enjoyable experience, but the potential payoff makes it worth it. By negotiating for a higher compensation you’ll buy yourself more time to pay all the bills and remain on an even keel while you...
by Durham Law Firm | Dec 7, 2016 | Employment Law
Except in a couple of situations, your employer is not required to offer you any kind of severance package. There are only a couple of situations that require severance pay and these tend to not affect that many people. Typically, a severance package is offered...
by Durham Law Firm | Nov 30, 2016 | Employment Law
A severance agreement is a lump sum of money that’s paid out to an employee when a company terminates them. What sets severance pay apart from normal wages is that an employee doesn’t receive it because of the work that they have performed. Instead, it’s a sum that’s...
by Durham Law Firm | Nov 3, 2016 | Employment Law
On May 18, 2016, the Department of Labor finalized major revisions to overtime laws to modernize the rules for fair pay. Currently, employees making less than $455 per week ($23,660.00 per year) are eligible for overtime pay. Also, at present under the Fair Labor...
