Q: I have a severance package as part of my role. My role will be eliminated later this year. What triggers the severance
My company wants to require me to stay for several months before a severance can go into effect. I assume that the notice of the change should trigger the severance - so if I left next week, the severance package would still be paid. I'm looking for clarification.
Because your employer is not required to pay severance, your rights and obligations pursuant to a severance agreement is dependent on the terms of that agreement and basic contract principles. That's a fancy way of saying an attorney would need to review your agreement before advising you properly. Please give me a call at (213) 381-6557 or send me an email at email@example.com if you would like to discuss the matter further.
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