Can a company's offer of severance pay be withdrawn?
September 15, 2012 2:20 PM Subscribe
Will my company stop paying me severance if they learn I've already found another job?
posted by anonymous to work & money (13 answers total) 2 users marked this as a favorite
So, I got laid off on Friday. That's bad. However, I sensed this was coming, and wanted to get out anyway, and I already have a new job lined up. That's good! The issue-
As part of the layoff, I was given the promise of two week's severance, so I'll be receiving one last paycheck as usual on the 30th. I signed a statement to that effect as part of my termination agreement.
I've already got another job lined up, and (not to jinx it) I should have that confirmed and be signing a contract early next week. Once that's done, I'd like to negotiate with them and tell them my start date will be on the 30th. I've been upfront with them about the layoff.
Question is- for a variety of reasons, I'd like the people from my old job to know that I've already gotten this new one (once the contract's signed and it's set in stone.) It's also a small world, this industry, and they'll probably hear even if I don't tell them. Would this negate the severance? Meaning, can they legally/would they go back on it and not send me the check if they find out I already have a new job that I could start asap? I need the severance, partly because without it, I'd go a while without pay even if I started the minute I signed the new contract, which I really can't do- and because to be honest, I've worked straight through the past few years without time off and could really, really use a paid vacation before launching into something new.
This might seem like a silly question, given that they didn't say there were any conditions placed on paying the severance, but it's best to be safe. I know you are Not My Employment Lawyer, but best informed guesses would be welcomed :)