Losing your job creates uncertainty about your future. When your employer presents a severance agreement, you face pressure to sign documents that will affect your financial security and legal rights.
At Cruz Law Firm, P.A., our severance agreement lawyers serving Jacksonville understand the stakes. You need time to review what you are signing away, and you deserve compensation that reflects your contributions. We can review the terms of your severance agreement, advise on whether it is right for your situation, negotiate for better terms, and advocate for your rights if your employer breaches the agreement.
A severance agreement is a contract between you and your employer that defines the terms of your departure. These agreements typically offer financial compensation in exchange for your release of legal claims against the company. You might receive a severance proposal upon termination or when signing an initial employment contract. Seek legal advice in either situation.
Employers in Florida are not legally required to provide severance pay, but many companies choose to offer these packages to avoid potential litigation or maintain positive relationships with departing employees. The terms of severance agreements vary significantly based on your position, tenure, and the circumstances of your termination.
Under Florida law, these contracts function like any other agreement. They must include valid consideration, which means you must receive something of value beyond what you already earned if your employer sets new obligations. Your final paycheck, unused vacation time, and earned bonuses belong to you regardless of any agreement. A severance package that only promises payment you have already earned may not constitute valid consideration.
Severance agreements contain multiple provisions that extend beyond the payment amount. Understanding each clause helps you recognize what you are accepting. Those clauses may include:
Signing without review creates risks you may not anticipate. An unfavorable agreement can limit your career options and prevent you from seeking justice for workplace violations.
You have the right to take time before signing any severance agreement. Employers cannot force immediate decisions or threaten consequences if you need to review the terms carefully.
Federal law also offers extra protections for workers over 40. Under the Older Workers Benefit Protection Act, employers must give these employees at least 21 days to consider agreements that waive age discrimination claims. For group layoffs, this period extends to 45 days. After signing, you have 7 days to revoke your acceptance, giving you a chance to reconsider your decision. Certain rights cannot be waived, including filing charges with the Equal Employment Opportunity Commission (EEOC), participating in EEOC investigations, or claiming unemployment benefits in most cases.
So, you may be wondering, “Should I have a lawyer look at my severance agreement?” It is almost always wise to have a lawyer review your severance agreement. Employers draft these documents to protect company interests, not yours. Legal review is especially important if discrimination, harassment, or retaliation played a role in your termination, as you could be unknowingly giving up valuable claims.
The initial offer your employer presents is often negotiable. Companies expect some discussion about terms and frequently have room to improve their proposals. For instance:
Negotiation requires understanding your leverage and the value of any claims you might have. Legal assistance helps you identify which terms warrant pushback and how to structure proposals that employers will consider.
Your attorney can communicate directly with company representatives to remove emotion from discussions. This professional approach often yields better results than personal negotiations conducted during a stressful time.
Cruz Law Firm, P.A. provides clear guidance to employees facing job loss and financial uncertainty. We carefully review severance agreements to identify unfair terms, hidden restrictions, and clauses that could impact your future employment opportunities.
Our employment law attorneys assess whether the payment offered reflects fair compensation for the rights you are giving up and ensure the agreement complies with Florida and federal laws. We also evaluate potential legal claims to determine their strength and value.
With nearly 20 years of combined experience and over $15 million recovered for clients, Cruz Law Firm, P.A. works to negotiate stronger severance terms for higher payments, extended benefits, and more favorable exit conditions.
Your severance agreement will affect your financial security and career prospects for months or years to come. The decisions you make now determine if you can pursue legal claims, work in your chosen field, and support yourself during your job search.
Do not sign any agreement before obtaining legal counsel. Employers have attorneys protecting their interests. You deserve the same level of experienced legal representation. Having a Jacksonville employment lawyer to review your severance agreement can protect you from costly mistakes. The terms you negotiate now will determine your options tomorrow.
Cruz Law Firm, P.A. serves employees throughout Jacksonville and the surrounding areas. We understand Florida employment law and how severance agreements affect your rights under state and federal statutes.
Contact Cruz Law Firm, P.A. today to schedule a consultation with a Jacksonville severance agreement lawyer. We will review your agreement, explain your rights, and help you make informed decisions about your future. Call or reach out online to discuss how we can protect your interests during this transition.
At Cruz Law Firm, P.A., we represent employees in Tallahassee, Jacksonville, and throughout the Florida Panhandle. We’ll fight to protect your employment rights, from workplace discrimination and sexual harassment to wrongful termination and whistleblower claims. Let us put our experience to work for you.