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Severance Agreements Lawyer
High-Caliber Employment Law Attorney in Port St. Lucie
If you are a worker who has been offered a severance agreement, you may fear that you could be signing away your rights. If you are an employer facing a severance agreement dispute, you also are in need of sound legal counsel.
Crary Buchanan has provided exceptional representation to clients throughout the Treasure Coast for more than 85 years. Our Port St. Lucie severance agreement attorneys continue this legacy of honest, dedicated advocacy. With AV® rated lawyers at our firm, you can count on receiving service of the highest quality.
Request your case review or call our firm today at (888) 899-8161.
What is a severance agreement?
A severance agreement is a contract between an employer and employee, a contract that typically goes into effect when a worker is laid off. In it, the employer offers compensation to an employee in exchange for the worker signing a waiver. For example, if an employee agrees to not work for a competitor upon getting laid off, that employee could be entitled to a severance package.
Severance packages can include the employee’s regular paycheck, vacation payment, benefits, stock options, and more. This compensation is not required by the Fair Labor Standards Act (FLSA) or in Florida law apart from an agreement. Severance agreements are often made on a case-by-case basis. Typically, employees will not get a severance package if they leave of their own volition, but they can receive this if they are laid off or they retire.
Common Severance Agreements
In many cases, an employee may receive a notification that his/her job will end on a certain date. In the notification, the employer may offer to continue the employee’s income if the employee agrees to sign a release. Employees may choose to accept their severance in one or multiple payments.
An acceptable severance agreement could include the following:
- Non-competition. The employee may agree to avoid working for a competitor.
- Non-disclosure. An employee can agree to keep from discussing clients, prices, and other valuable information. The employer could include any confidential, important, or proprietary information in the agreement.
- Non-disparagement. The employee can agree to refrain from discrediting, belittling, defaming or slandering the employer or the company.
- Non-solicitation. An employee can agree to avoid soliciting services to the employee’s clients. This agreement may also keep the employee from hiring other employees away from the employer.
Contact a Port St. Lucie Severance Agreement Lawyer Today!
If you have a cause for concern over your severance payment or lack thereof, then speak with a Port St. Lucie attorney from our firm without delay. We can help in virtually any type of severance agreement dispute. At Crary Buchanan, our legal support is backed by decades of trusted and awarded legal service.
Need to defend your rights under employment law? Contact a Port St. Lucie severance agreement attorney from Crary Buchanan today!
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