Severance Package Negotiation Tips

Summary

Employers are not obligated to provide identical severance packages to all employees, but they must avoid discrimination based on factors like age or gender. You can negotiate your severance terms, including the amount and COBRA coverage. Its advisable to consult with an employment lawyer to ensure fair treatment and explore any potential legal claims.

Full Conversation

Moving to my concern on the severance, the person who was let go also had the same leadership title of Vice President and been with the company for *.5 years. He communicated to me that he was given a *-week severance and negotiated more Cobra before signing off the severance agreement (he said not sure if his age played being 57 years old). Looking at my severance, being that I held a similar leadership role and been with the company close to 5 years, I was given *-months of severance (*-weeks/year). Initially they were not paying me on my yearly bonus but after asking for it, they agreed to pay *% of it.
Hi ****! Here are a few points to consider regarding your severance package:
- Severance Consistency: Employers are not legally required to provide the same severance to all employees, but they must avoid discrimination based on age, gender, etc.
- Negotiation: You can negotiate the terms of your severance, including the amount and COBRA coverage.
- Legal Review: Consider consulting with an employment lawyer to ensure you are treated fairly and that there are no potential legal claims.
Would you like more information on finding an employment lawyer in California?