Home / Severance offer / Questions

Should I sign my severance agreement right away?

Short answer

No. Take time to read it carefully, and consider having an employment lawyer review it, especially if a lot is at stake.

Rules differ by state. This is general information, not legal or professional advice.

See every step in 1 minuteUnderstanding a severance offer before you sign

Watch now Read the guide

People also ask

Is my employer required to offer severance?›Can I collect unemployment if I take severance?›Can I negotiate a severance package?›What is a release of claims?›How long do I have to sign a severance agreement?›Does severance affect unemployment benefits?›What is the WARN Act?›

See all questions (8) ›

Official sources

U.S. Department of Labor: severance paydol.gov
U.S. Department of Labor: WARN Actdol.gov
EEOC: age discrimination and releaseseeoc.gov