Severance Review & Exit Strategies
There are times when the employer and the employee find themselves at a crossroads: neither wants to maintain the employment relationship but they do not know how to communicate their intentions to one another.
At Zeilikman Law, we are often called upon to assist in the facilitation of amicable employment separations and determination of options in relation to various exit strategies that can maximize your financial position post-termination.
If you have already been presented with a severance package, it is important to have it reviewed so that your decisions are not muddled by emotions, personal considerations, and/or lack of knowledge. At Zeilikman Law, we approach these reviews with logical and creative solutions.
It is important not to sign an exit or separation agreement before speaking with an experienced employment lawyer, as many agreements contain onerous provisions that an employee may not recognize.
For example, there may be a clause that terminates the benefits once the employee has signed a new agreement or a clause that requires the employee to sign away their right to sue for claims such as wrongful termination at common law.
How can Zeilikman Law help?
If you have been offered a severance package and need it reviewed, talk to one of our experienced labour and employment lawyers to discuss your options. Let Zeilikman Law help you.
Our lawyers are experienced, professional, and determined. Request a consultation today!