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If you've recently lost your job, you might wonder if you're entitled to a severance package. In Florida, severance pay is not required by law. Unlike some other states, Florida does not have a statute that mandates employers to offer severance to employees upon...
Severance packages provide financial assistance to employees after job loss. While this can be helpful, it is important to understand the tax implications that come with receiving severance pay. Knowing what taxes apply can help avoid surprises when tax time comes....
When facing a job loss, the question of whether to negotiate severance often arises. Severance packages are not always offered, but understanding your rights and options is important when they are. Understanding severance agreements Under Florida law, employers do not...
Severance agreements can be tricky. Understanding the details is important before signing. You should be aware of several key signs and terms that indicate that your severance agreement might be problematic. Unclear or complex language Something to watch out for is...
When your employment ends unexpectedly, it can be stressful and confusing. Your employer may offer you a severance package and ask you to sign a severance agreement quickly. Before you sign anything, it is important to understand what you are agreeing to. There are a...
The government at the state and federal levels does not dictate severance agreement details unless the government is the employer. For all other situations, the details of your severance package are completely between you and your employer. Some people mistakenly...
Is your employer living up to their obligations per your severance agreement? If you suddenly lose your job, you should feel confident that your severance package will help carry you through your time of unemployment until you can find new work. A review of your...
You might feel intimidated when an employer presents you with an employment contract. However, a proper employment agreement can actually work to your benefit since it defines your rights as an employee. Your contract may establish how your employer may or may not...
After a lot of thinking, you decided the most favorable option is to terminate a few of your employees. To ease the transition, you want to offer workers severance agreements. What belongs on a legal agreement? The Blueprint explains what small business owners should...
In the event you lose your job to a layoff or termination, your employer might offer you a severance agreement that provides you severance pay and other benefits. However, in return, you would give up the right to sue your employer, which you might not want if you...