Should you negotiate a severance agreement? Generally, an employer may hire, fire or discipline for good reason, bad reason or no reason at all. Severance Agreements are common and are many times beneficial to both employers and employers. Employees can attempt to negotiate a severance agreement at the time of hire, when asked to sign any type of contract or if they are terminated. A benefit when you negotiate a severance agreement is that the employee can ensure financial compensation while an employer can ensure piece of mind. However, when an employee is presented with a severance agreement it is important that the employee attempt to negotiate a severance agreement.

While most severance agreements contain boilerplate language, but by retaining an attorney to represent you to negotiate a severance agreement, there may be some room for negotiation, especially when discussing severance agreements at the onset of employment. While there are many areas when you negotiate a severance agreement, oftentimes the most negotiated are (1) the amount; (2) restrictive covenants; (3) non-disparagement clauses; (4) incentive compensation; and (5) change of control. Any employee can attempt negotiate a severance agreement, from executives to high level CEOs. It is highly advisable that you have an attorney represent you to negotiate a severance agreement.

If you would like to negotiate a severance agreement, contact Freiman Law at (310) 917-1024 or via the form on the right for a free consultation.