Release and Consideration
Specify the exact release language reference, the consideration amount or benefit, and any conditions tied to payment. State whether payment is lump sum or installments and reference the severance agreement page or clause.
Clear instructions reduce legal and operational risk by documenting payment timing, tax treatment, and required consents in one place.
Human resources, payroll, in-house or outside counsel, and the departing employee are the main participants who create, review, and act on severance instructions.
Responsibilities should be assigned in writing so each stakeholder knows timing, signatory authority, and retention requirements.
Specify the exact release language reference, the consideration amount or benefit, and any conditions tied to payment. State whether payment is lump sum or installments and reference the severance agreement page or clause.
Detail payment dates, gross/net amounts, tax withholding method, and payroll codes to use. Include partial payment rules for prorated amounts and final check handling.
Describe COBRA eligibility or employer-paid continuation, effective dates, premium payment responsibilities, and contact points for benefits administration.
Note any confidentiality or non-disparagement clauses tied to the package, how they affect internal communications, and compliance reporting.
List company property to be returned (devices, keys, badges) and the process for verifying return prior to final disbursement if applicable.
Specify where signed agreement, instructions, proof of payment, and correspondence will be stored and who has access for auditing and compliance.
| Field | Configuration |
|---|---|
| Signature authentication | Email link | SMS code or stronger for sensitive packages |
| Conditional fields | Show payment details only after employee acknowledges release |
| Reminder schedule | Set 3 reminders: 3 days, 7 days, and 14 days before expiry |
| Storage destination | Encrypted HR archive with role-based access |
Ensure the chosen platform supports strong encryption, audit trails, and required authentication methods before sending severance documents.
Confirm the platform can produce a tamper-evident signed PDF and meets any industry-specific compliance requirements before finalizing the process.
Specify when the employee must sign to accept the package.
List exact payment date(s) or payroll cycle used.
State final benefits end date and any continuation options.
Note when retention periods begin for compliance purposes.
If applicable, note any statutory revoke period and its duration.
A small services firm standardized instructions across exits to cut administrative steps
A distributed enterprise implemented templated severance instructions linked to payroll codes
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Varies by vendor | Varies by vendor | Varies by vendor | Varies by vendor |
| Bulk Send | Yes (plan dependent) | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |