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Severance agreements, sometimes referred to as severance workouts, are not a guarantee in every job in South Carolina. There are times when your employer may offer them in your initial employment agreement, or as a part of your termination.
If you or a loved one is offered a severance agreement, it is important to have an experienced South Carolina employment lawyer review it. The experienced Charleston severance agreement attorneys at Hopkin’s Law Firm have the experience to review your agreement and help you respond appropriately.
CAN I NEGOTIATE MY SEVERANCE AGREEMENT IN SOUTH CAROLINA?
Yes, you can! Many South Carolina workers don’t realize that severance agreements can be negotiated. In some cases, you may be able to negotiate a more beneficial agreement. This is especially true is you have a potential legal claim against your South Carolina employer. Many South Carolina employers may offer you a severance agreement in order to avoid future legal action.
If you don’t have a potential legal claim against your South Carolina employer, your employer may offer a severance package for their own peace of mind. Keep in mind, that if you have a valid legal claim, you have much more bargaining power and leverage that you can use to negotiate a more beneficial severance agreement.
SHOULD I ACCEPT MY SEVERANCE AGREEMENT?
Most South Carolina employees accept the severance agreement without completely reviewing it or attempting to negotiate better terms. However, there are situations in which accepting a severance agreement may make the most sense.
As an example, if you do not have a valid legal claim against your employer for your termination and the terms of the severance agreement are fair, accepting the agreement may be the best way for you and your South Carolina employer to part ways.
It is vital that you review the severance agreement or talk to one of the Charleston severance agreement lawyers at Hopkin’s Law Firm who can review it for you. This is the only way you can be sure your employer is not violating any of your rights and that you are not losing anything by signing.
CAN I REJECT MY SEVERANCE AGREEMENT?
There may be specific reasons why you may want to reject a severance agreement. You may have another issue you want to bring forward such as wrongful termination due to discrimination, or it could be as simple as your employer not offering enough money.
Understand, that if you do not think the South Carolina severance agreement is fair, you do not have to sign it without first having one of our severance agreement lawyers review it. This is especially important if you believe your employer has done something illegal.
More than likely, your severance agreement will have a clause that states you can’t sue your employer in the future, so if you sign it, you waive the right to sue.
WHAT MISTAKES SHOULD I AVOID WITH MY SOUTH CAROLINA SEVERANCE AGREEMENT?
There are a few potential pitfalls you may face when dealing with a South Carolina severance agreement. The five most common mistakes employees make are:
Thinking You Have No Leverage: Normally, you have more leverage than you may realize. With the power of social media, your South Carolina employer doesn’t want any negative attention. Even if you can’t sue your employer in court, it wouldn’t take a lot for your employer to lose in public opinion. Because your employer doesn’t want any negative publicity, they may take steps to ensure you are at least happy enough not to bash your company on social media – that’s leverage.
Failing to Negotiate: Because you may think you don’t have leverage you may not try to negotiate your South Carolina severance agreement. However, not all severance agreements are negotiable, but it doesn’t hurt to try to you can get the most you possibly can for what you are giving up.
Not Understanding Your Severance Agreement: There are many South Carolina employees who sign their severance agreement without understanding everything included in it. Maybe you feel intimidated by the agreement, but if you take the time to read it carefully, you may have a better understanding of what you are giving up and what you are receiving.
Not Thinking About the Severance Agreement Before Signing It: Your South Carolina employer should give you some time to review your severance agreement before you sign it. Don’t allow yourself to feel pressured. You should have enough time to review the severance agreement with a South Carolina severance agreement lawyer.
In certain South Carolina severance agreements, like those that contain a release of a potential age discrimination claim, South Carolina law requires that you should have at least 21 days to review the severance agreement before you sign it.
Not Talking With A South Carolina Severance Agreement Lawyer: There are many South Carolina employees who don’t hire a severance agreement lawyer. In some cases, an attorney may not be necessary. However, if you feel you are the victim of illegal behavior by your employer, or if the terms of your severance package are small, it could be worth the cost of hiring a severance agreement lawyer.
However, if you think you are the victim of your South Carolina’s employer’s illegal behavior, or if your severance package has a large amount of severance pay and benefits, it is worth it to hire an attorney.
If your South Carolina employer has offered you a severance agreement, it is crucial that you allow an experienced employment severance agreement lawyer to review it before you sign. If you have a valid legal claim against your employer, your agreement should be reviewed to ensure it is fair.
It’s important to remember that you have rights when it comes to your South Carolina severance agreement The Charleston, South Carolina severance agreement lawyers at the Hopkins Law Firm are here to review your severance agreement, and/or negotiate you severance agreement on your behalf and give you the security of knowing that your feelings and concerns are valid.Schedule Your Free Consultation
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