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Rice Law Office Blog

This blog reviews important legal issues including: personal injury, employee compensation, workers compensation, discrimination and wrongful termination.

The Crucial Steps to Take Before Signing a Severance Agreement

severance-package-employee-benefits

For executive and high-wage employees facing termination, layoff, or retirement, navigating the world of severance agreements can be complex and overwhelming. The decisions made during this period can have lasting consequences on your financial stability and professional future. To make informed choices, you must gather and review essential documents that can shed light on your rights, benefits, and obligations. In this blog, we'll detail the five documents you should carefully examine before signing any severance agreement.

 

1. A Complete Copy of Your Personal File

In New Hampshire, employees are entitled to a complete copy of their personnel file under RSA 275:56. This file includes all documents related to your employment, regardless of their location. It's vital to ensure that your employer provides you with all relevant information, such as notes from supervisory meetings or evaluations. Knowing what's in your personnel file can be instrumental in understanding the basis for your termination.

2. Employee Handbook or Manual

Your employer's handbook or policies contain valuable information about your rights, benefits, and obligations. Many handbooks are now online, and once you're terminated, you may lose access to this crucial resource. These policies cover everything from payment for unused paid leave to rights that may have been overlooked, such as protected leaves or workplace accommodations. Understanding these policies can be the key to securing your entitled benefits and rights.

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