Three Things to Remember Before Signing a Severance Agreement

A severance agreement is a legal contract between an employer and an employee outlining the responsibilities and rights of each party following a termination or lay-off. It details the amount of money that your employer will continue to pay you.  It also outlines whether you will continue to be offered certain benefits like health insurance.

Signing a severance agreement indicates that you agree with the terms upon which you have been let go. In other words, it means that the employee