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Employment or Job Termination Package South Dakota Form

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Employment or Job Termination Package South Dakota Form

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there is a landslide of layoffs happening in the tech sector and if you think this isn't going to affect you think again so if you get laid off you might get offered something called Severance here's what you have to know about it so you don't leave money on the table number one Severance has not legally required in most situations if a company is offering you Severance it's because they want to reduce their liability here's how they do that in exchange for the money you're gonna have to sign something called a waiver of right to sue once you take the cash it becomes legally binding there's no set amount that you get but a good Severance is two to four weeks of pay for every year of service but watch out for this mistake if you feel you might have a legal claim against your employer don't take the severance without talking to a lawyer because if they offer you ten thousand dollars of severance but you've got fifty

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