20 posts tagged with severance.
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How to negotiate severance after being let go from my job.

I was unexpectedly let go from my job yesterday. I’ve only been there 4 months, and it was quite a surprise. I’d like to try and negotiate severance as I haven’t signed anything yet, and was told HR would be contacting me in the next couple days. I’m not sure how to do this as this is the first time I’ve been fired. [more inside]
posted by quin on Feb 11, 2014 - 25 answers

Severance package settlement confusion: Difficulty – Canadian taxes

I need some advice on how to best manage a severance package cheque I’ll be receiving in a week or so. I have room to contribute, approx. $15k or so into my RRSP (this may be understated, going from memory) Details I want to stay reasonably liquid, I’m not sure how long it will take me to find a new position and I will be living off of this settlement in the interim Is there tax benefit to contributing to my RRSP now, and withdrawing in the New Year? If I just take it all, I’m thinking I’ll get a decent tax return when I file – true/false? Is there any benefit to asking for 2 cheques, one now, one after January 1st? Total severance will be around $70k or so, gross Thanks for your help!
posted by walkinginsunshine on Sep 18, 2013 - 2 answers

Can my employer sue to recover past wages if they neglected to fire me?

Much like character "Milton" from Office Space, I've continued to receive a weekly paycheck long after my office was closed and all of the other employees were laid off. I've never been given any type of notification from HR that my employment was terminated. What should I do? [more inside]
posted by ninepin on Jul 27, 2013 - 30 answers

Which country's law apply?

Friend working overseas for an USA company. [more inside]
posted by 3dd on Jun 4, 2013 - 6 answers

Can companies demand employees sign a severance agreement for last pay?

A good friend left a company I work with under weird circumstances and said he's not allowed to discuss it the terms of his severance, but seems really unhappy and bitter about it. Through the comments of other people at the company, I strongly suspect that the "severance" he had to sign a nondisclosure agreement for is actually only pay he was legally owed - pay for his unused vacation time and reimbursements for authorized expenses while on the job. If this is true, was it legal for them to demand this in exchange for cutting him his last check? Bonus: what is his legal recourse if this happened some time ago? [more inside]
posted by corb on Apr 12, 2013 - 19 answers

Explain Severance Negotiation as if to a 5 y/o

I was just laid off this week. Am still reeling from the shock, crying at odd moments, cycling through grief, despair, relief, hurt. Though many people from the company were let go I was the only person from my department and relatively low level, so it feels quite personal, as if the big layoffs were just an excuse to get rid of me. I will eventually have to come to grips with whether I want to remain in my industry or not but that seems like a decision best delayed to a time when I am calmer. [more inside]
posted by anonymous on Jan 17, 2013 - 18 answers

Severance pay, yay or nay?

Should I ask for severance pay in California? [more inside]
posted by anonymous on Dec 5, 2012 - 11 answers

Can a company's offer of severance pay be withdrawn?

Will my company stop paying me severance if they learn I've already found another job? [more inside]
posted by anonymous on Sep 15, 2012 - 13 answers

Disclose or not?

Do I have to disclose a confidential severance package to unemployment if the terms of the package limited both parties to confidentiality? [more inside]
posted by anonymous on Oct 18, 2011 - 10 answers

Does CA EDD care about my no-income 'job' at my S-Corp?

Terminated from a job in California, applying for unemployment. And I am an officer at a shambling, revenue-free California S-Corp. I have never taken a salary or distributions from it. The company has no employees or contractors. Do I still list the S-Corp on the unemployment application for Q. 33 Unemployment History? [more inside]
posted by anonymous on Oct 3, 2011 - 2 answers

If I take another job during a lay-off grace period, is it wrong/illegal/unethical?

I just got notice of my lay-off last week, which will be effective at the end of this month. My company is offering what I think is a great package, but I want to make sure I am taking advantage of it to the fullest. [more inside]
posted by gertzedek on Jul 9, 2011 - 11 answers

So I am now out of a job, but something isn't right

Something else isnt right aside from being laid off that is... [more inside]
posted by gnash on Nov 12, 2009 - 20 answers

Hoping for the best, preparing for the worst

Countdown to my annual review--and I'm a freaking out (sort of). What's the best way to get through it? [more inside]
posted by anonymous on Nov 11, 2009 - 8 answers

Did I miss payday?

HR is claiming I need to waive a week of severance pay. How do I proceed? [more inside]
posted by anonymous on Mar 10, 2009 - 10 answers

I have to be ethical, can I not be broke?

Can a demotion be a firing and can I collect unemployment insurance? [more inside]
posted by anonymous on Sep 9, 2008 - 14 answers

Being laid off, while being offered a new job at the same place. Severance available?

Been wanting to quit my job. A unique situation has popped up which might allow me to do so which might give me severance/unemployment. Am I correct? [more inside]
posted by BecauseIHadFiveDollars on May 20, 2008 - 12 answers

If I had said that, I would have been wrong.

I was recently laid off and given only one week's severance. Several people have told me that this is not legal. Could they be right? [more inside]
posted by bingo on May 13, 2008 - 19 answers

Resigning for fun and pleasure

Let's say I'm going to resign my position. What's the worst that could happen? [more inside]
posted by anonymous on Mar 14, 2006 - 24 answers

How do I pay taxes on severance package?

I was just laid off and luckily received a severance package. What do I do about paying tax on it? [more inside]
posted by anonymous on Feb 11, 2006 - 8 answers

Severance Ethics

Do I really have to tell my old employer that I have a new job if they are still paying me severance? [more inside]
posted by Cassford on Jul 20, 2005 - 6 answers

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