Leaving a job can feel overwhelming, especially when your employer offers you a severance package. It’s important to know that many severance agreements can be improved through negotiation. At Madsen, Prestley & Parenteau, LLC, our severance negotiation attorney helps employees across Connecticut, including Hartford and New London, make sure they aren’t leaving money or benefits on the table.
Why You Should Negotiate Your Severance Package
Many employers offer severance agreements that work in their favor, not yours. The first offer you receive is often just a starting point, and you may be able to negotiate for more pay, better benefits, or fairer terms. That’s where our severance negotiation attorney team comes in—we know what to look for and, if there are opportunities for further negotiation, how to help you get the best deal possible.
What’s Included in a Severance Package?
A severance package is a written agreement that spells out the terms of your departure. It might include:
- A lump sum payment or continued pay for a set time
- Extended health benefits
- Restrictions like a non-compete agreement or confidentiality clause
How We Can Help You Negotiate
At Madsen, Prestley & Parenteau, LLC, we know how to identify circumstances that will provide you with more negotiating power and, if those circumstances are present in your case, how to negotiate with employers for your benefit. A knowledgeable severance package negotiation lawyer will carefully review your severance agreement, explain what it means, and figure out if there are opportunities to make it better.
Depending on your circumstances, we may be able to help you:
- Increase the money or benefits you’re offered
- Remove or adjust restrictions that could hurt your career
- Make sure you aren’t giving up important rights
We will assist you through every step of severance negotiation with your employer.
Questions to Ask Before Signing a Severance Agreement
Before signing a severance agreement, you should ask:
- Is the pay I’m being offered fair for the conditions included in the agreement?
- Will a non-compete or other restrictions make it hard for me to get another job?
- Am I giving up any rights, like the ability to file a legal claim in the future?
- Do I have potential legal claims that are worth more than the amount of the severance that I am being offered?
Our skilled and compassionate employment lawyers will help you understand these issues and provide you with appropriate advice on how to proceed.
Why Choose Us?
At Madsen, Prestley & Parenteau, LLC, we’ve helped many employees across Connecticut negotiate better severance packages. With offices in Hartford and New London, we focus on advocating for workers’ rights with dedication and passion. Our team has years of experience and a proven record of protecting employees’ rights. Our Connecticut severance negotiation attorney team is ready to assist you through every step of the process.
Call Us Today for Assistance With Your Connecticut Severance Package
If you’ve been offered a severance agreement, don’t sign until you know all your options. Our experienced and understanding lawyers can review your package, explain your rights, and, depending on your circumstances, potentially help you negotiate for a better deal.
To learn more about how our skilled attorneys can help you, contact us online or call us at (860) 246-2466 to schedule a confidential consultation in our Hartford or New London office.