Helping Your Business Navigate Severance Negotiations with Care
Laying off or terminating an employee is always an extremely sensitive situation. Exercising care in severance negotiations can be critical to preserving your business’s best interests and avoiding potential legal problems.
At Daudi & Kroll, P.C., we help companies in Michigan pursue effective solutions when it comes to severance issues. Our severance negotiation attorneys, based out of Okemos and Canton, are dedicated to providing the reliable support you need. Let us guide you through this delicate process.
Do You Have to Offer Severance?
Severance packages generally involve a departing employee receiving certain financial benefits in exchange for releasing an employer from liability. Offering such a package is generally not mandatory unless the employee’s contract states otherwise. However, depending on the circumstances, you may find that pursuing a severance agreement with a departing employee is in your company’s best interests.
Making a Well-Constructed Initial Offer
Severance negotiations often begin with an employer making an initial severance offer. This offer can set the tone for the negotiations. It is important to carefully craft it. Ensuring the terms are clear can be critical. If the employee’s contract mandates severance, you’ll want to remain mindful of the requirements laid out by that contract. Our employment law attorneys can help you draft an initial offer that fits your situation and needs.
Staying Goal-Focused in Negotiations
When severance negotiations begin in earnest, it can be easy to get caught up in the emotion of it all. This can particularly be the case when the employee’s departure is acrimonious. You want to make sure to always stay focused on your company’s best interests. Our skilled lawyers are here to help you navigate negotiations with a clear, goal-centered approach.
Forming a Final Agreement
When you and a departing employee have come to a deal on severance, it is important that the final written agreement accurately reflects this deal. Confusing or unclear terms could lead to future disputes. Our knowledgeable severance lawyers can help you finalize the language of your severance agreement.
Get Dedicated Severance Negotiation Support
When complex severance negotiations are on the horizon, turn to trusted legal partners. We are ready to guide you and help you protect your company’s interests.
Send us an online message to connect with a knowledgeable legal professional at our firm. You may also reach out to us now by calling 517-306-4538 or 734-249-6310.