What Should I Look For In A Severance Agreement

Most agreements contain the most important information you need to apply for unemployment. However, most states don`t allow you to collect unemployment while receiving severance pay, so check with your local employment agency for specific information. Look for contact information and instructions on how to apply in your agreement. When a company has a formal severance policy, it often involves: employers don`t offer severance pay just to be nice. To receive severance pay, employees often have to sign documents stating that they will not speak negatively about the company. They may also need to agree not to take legal action or to look for work with a competitor. .

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