Negotiating Severance Agreements

When an employee is terminated, an employer may offer a severance or separation agreement.  Even if the employer does not make such an offer, the employee may seek one.  But what is a severance agreement and how can it help you? A severance is an agreement between the employer and the employee in which he employer […]

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Understanding Severance Agreements

If an employee’s employment becomes terminated, there are many things that take place, one of these things being a severance agreement. Employees may seek out a severance agreement even if the employer does not provide one. Maduff & Maduff is here to help you understand the basis of severance agreements and how they work. What […]

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Analyzing Severance Agreements

When an employee is terminated, often due to a reduction in force, an employer may offer a severance agreement. While employers are not required to offer severance to employees (unless there is an agreement to do so), it is usually in the company’s interest to get a release.   Because the employee is often giving […]

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Understanding Your Severance Agreement

When an employee’s employment is “at will”, this means that an employee can either quit or be fired at any point during their employment. Which means that in the case of either of these scenarios, an employee may not receive compensation once employment has been severed. However, many employers will use a severance agreement in order to […]

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Tips To Consider Before Signing An Employment Contract

Once a job offer has been extended, many applicants are so excited for the opportunity that they don’t understand what exactly they are signing away when signing the employment contract. However, it is always critical for any potential employee to review, understand, and even negotiate employment contracts before making the decision to sign. Here are […]

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Consult With An Employment Attorney Before Signing Your Severance Agreement

In the state of Illinois, an employee’s employment is “at will” and means that an employee can either quit or be fired at any point during their employment. In any of these scenarios, an employee may not receive compensation once employment has been severed, however, many employers will use a severance agreement in order to let the […]

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