How Much is a Good Severance Package?

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  • Опубліковано 4 січ 2025

КОМЕНТАРІ • 118

  • @michaelciccone2194
    @michaelciccone2194 2 роки тому +10

    I like the way how this attorney speaks, very erudite and very empathetic

  • @TheTrouserPuppetsOfficial
    @TheTrouserPuppetsOfficial Рік тому +6

    Just fired and just offered severance! Thank you brother!

  • @koryreviea9995
    @koryreviea9995 4 роки тому +9

    my former employer was being sued in a class action suit under labor codes. I received a letter and went to talk to the employment atty. 2 weeks later i was called not to goto work , i called the next day to for my schedule my boss said she would call me back and never did.

  • @callmeishmaelk767
    @callmeishmaelk767 Рік тому +7

    Been at my company 30 years, two years ago they started harassing me saying I was a low performer, after decades of good reviews and promotions. This came at a time they stopped offering the pension to new employees, and then went on a hiring soree. So I am in the pension plan and would currently get 60% of my income as my pension. I will be 55 in two months. I would like to work there 7 more years. It's obvious they are going on a campaign to get rid of the remaining 8% of the workforce that have significant accrued retirement benefits. Thoughts?

    • @datnohi8612
      @datnohi8612 8 місяців тому +1

      I get a pension also and my company laid me off after 18 years , but i still get a pension from them after I reach 65, they ended up paying me a severance of 30k and our union signed us up for unemployment and this was happening when covid hit so we ended up getting the covid pay out of 600 a week on top of that weekly amount we were already getting it was a sweet short-term deal

    • @UFRooster
      @UFRooster 4 місяці тому

      Hey bud, what ever happened?

    • @luisriba8082
      @luisriba8082 2 місяці тому +1

      Well get as much as evidence, look for any indicators of age discrimination. If any complain do it in writing. Get a copy of performance reviews for legal proposes down the road. Get to know some employment lawyers in case you get a severance and be wrongfully terminated and without giving you the pension. More importantly do not sign anything and do not waive your rights for little exchange of money.

  • @user-dn9vd9xg9p
    @user-dn9vd9xg9p 3 роки тому +4

    It would be so much better if the states had to mirror federal employee laws, like OSHA and the Whistleblower laws for example. In some states state legislature has either removed jurisdiction from these laws or convoluted the process into a maze of loops and hoops so much with extremely short timelines that it is totally impossible to meet the deadlines and end up losing in court, mostly due to the statutory \ timeline issues.

  • @Alagathevictor
    @Alagathevictor 4 роки тому +15

    The amount of money you get will depend on how long you worked for the company. Usually that is governed by law. The termination is legitimate and any company has the right to execute the termination

    • @HarrisonLive05
      @HarrisonLive05 Рік тому +6

      I worked for my company for 1 year and got 4 months of my salary and prorated bonus

  • @josiejoz8855
    @josiejoz8855 4 роки тому +1

    I just Laid Off Today!!!!! After 5 years.. because of them C- word... They told me I’ll get a Severance check but I will call you when I see how much they’re willing to give... Thanks for this.

    • @nunayobiznass
      @nunayobiznass 4 роки тому

      You need a letter on the day of termination outlining the money and tour agreement not to sue etcm... this is suspect.

    • @tinalakowsky8379
      @tinalakowsky8379 4 роки тому

      I have a sexual harrassment case at my work. I found out that HR and general manager covered up my report. The harasser and general manager are best friends. Now that i spoke to Corporate they had no odea what was really going on. So investigation with Corporate is going on for for months now and i am being written up for bogus stuff. I attained an atty last week. By phone because of Covid. She does not seem to have my best interest at heart. My atty suggests i go for a quick sererance pay. I have only been there a year at $16 an hour. My atty gets 35%. She suggests me to quit. During Covid there are no jobs in my profession at this point. I have watched all your videos and i have gotten more legal advise then my own atty. I need your help. I am in Boulder, Colorado. I work for a place named Tecomet. We have 12 other branches in the U.S. i am being being retaliated against. I know you may not be able to help me but do you know of a contigency atty in Colorado. Please help me i have never really met my new atty. Only by phone. I think i made a bad mistake with her. Thank you. My number is 970-631-1516. My email is: morgantina21@yahoo.com. please help me. Thank you for your great advice! We make medical equipment. I love my job but i am being isolated by the office people telling other employees not to talk to me. They are almost stalking me. Trying to get me to quit my job. I will not at this point because of unemployment and covid. Please please please help me!

    • @itsabeautifulthing2419
      @itsabeautifulthing2419 Рік тому

      @@tinalakowsky8379 I hope everything worked out for you and you found an attorney that understands and you're comfortable with. It's terrible how there treating you and what you're going through. Don't give up sweetie. Keep fighting it with be worth it at the end 💞

  • @user3657
    @user3657 2 роки тому +2

    Will the severance package have the reasons for termination? I brought up discrimination and reported safety issues and even called OSHA but my termination paperwork says I was tardy and insubordinate. Which is BS, should of been documented but I was just terminated without warning. Many people have been documented for much much worst. I'm just wondering what else they have internally. This is after 17 years of never an issue besides tardiness that were documented according to our written attendance policy "no steps in the attendance policy will be skipped"

  • @kevingamble1775
    @kevingamble1775 Рік тому +1

    Question: Been with a company for 6yrs. Was a great employee but the company decided to close that site. Given the employees a two month notice and the options to either transfer or accept a severance package. My package equal 10% of my annual income.
    ^^^That part sounds fair^^^
    Three weeks before closing. About 80% of the employees were sent home with pay. Up until closing. While a handful of us remained working our regular schedule; making the same pay our co-workers was making for staying home or they had the option to make some extra by coming in. While if we didn’t show up. Not only were we not paid. We ran the risk of being fired!
    ^^^That part seemed unfair^^^
    Should I accept my package and move on or challenge it?

  • @erikaparkman1
    @erikaparkman1 2 роки тому +2

    Hello Mr. Robertson, I have a question. My company said they were sending the acknowledgement that we receive our severance documents. The severance says at the end. "NOTE: This Agreement is not valid if signed prior to the close of business on (Date of Term"). Does this mean everything in the agreement is not effective until after the date of termination? Thank you

  • @jewelcasio7091
    @jewelcasio7091 4 роки тому +5

    Hi sir.
    I've been in my job 3 years already. I am being laid off due to covid 19 pandemic but after 12 weeks, my employer did not resume my employment, my question is, is it possible that i can get my severance payment eventhough i didn't sign any contract with my 3 years working in the company?

  • @jaygee553
    @jaygee553 3 роки тому +4

    Retaliation for complaining of non payment of overtime? My fellow employee was the most productive employee and he was fired for complaining that he didn't get paid his overtime

  • @MakesNoSense86
    @MakesNoSense86 Рік тому +1

    Great video! Thank you for your amazing explanations

  • @EricPham-gr8pg
    @EricPham-gr8pg Рік тому

    How we can direct talk to the liable parties instead of third parties because it involved national security and so much sensitively in the situation

  • @phantumgrey
    @phantumgrey 4 роки тому +14

    My release was covid related and the severance letter is really suspect. With verbiage such as "Employer and Employee agree to end the termination". I'm not agreeing to end my termination and it's not worth 1 weeks' pay. Now way. I've already contacted a lawyer

    • @smellycat264
      @smellycat264 Рік тому

      Exactly!!! They did some BS with me. Offered me 500 bucks like wtff

    • @phantumgrey
      @phantumgrey Рік тому

      @@smellycat264 I'm glad I never took the severance agreement. Others tried collection unemployment but because they signed the "Employer and employee agree to end" unemployment told those people it looks like they voluntarily left.

  • @br0bot389
    @br0bot389 9 місяців тому

    What if your employer made you sign termination paperwork and accept severance (in my case 6 weeks pay/ about $10k). I still haven’t received severance because they said I needed to turn in my laptop which I was unknowingly holding onto until I received severance. I returned it last week and I am awaiting severance pay out. Is there a way the company can get out of paying me because I signed the contract? Aren’t they legally bound to pay me out what was promised in the contract?

  • @toddbadger5706
    @toddbadger5706 2 роки тому +1

    How long do you have to sue for an injury case before statue of limitations goes into effect?

  • @ramongonzalez2038
    @ramongonzalez2038 3 місяці тому

    What if I just got asked to leave without signing any paperwork

  • @l.a.3834
    @l.a.3834 2 місяці тому

    Pls, I need your help. How can I contract regarding being fired

  • @Riffic713
    @Riffic713 Рік тому

    I’m in the mediation process eeoc vs my former employer I have no lawyer I will see what they offer

  • @EricPham-gr8pg
    @EricPham-gr8pg Рік тому

    I think some one worked behind the scene through my naval release after the explosion and then mistreated by va doctor and I only suffered so much

  • @hollispring1519
    @hollispring1519 2 роки тому

    What about staying with a company 30 years. I worked a four year notice. Owner gave me company car. Can I negotiate for more at "official seeing off today?"

  • @EricPham-gr8pg
    @EricPham-gr8pg Рік тому

    If 6 month salary is basically good for less the 10 years work but disabled is a different depending on case. Most of navy or military offered that so civilian should get the same to be fair

  • @robecarb1300
    @robecarb1300 3 роки тому

    Question: If I quit my job do I have d same rights to severance as if I wud get fired?

  • @22waffen
    @22waffen 4 роки тому +3

    Hello I was fired after 15 years working for this corporation .I’m 57 yrs old and I was only offered 3 months severance which I consider very little specially from a 4 billion Corp .any suggestions .

    • @braniganrobertsonlaw
      @braniganrobertsonlaw  4 роки тому +2

      Watch my other videos on severance.

    • @22waffen
      @22waffen 4 роки тому +3

      @@braniganrobertsonlaw I'm based in Florida it seems that employees have no rights here what so ever...

    • @yulyvalencia4870
      @yulyvalencia4870 3 роки тому +1

      Hi Did you find a good lawyer in Florida?? I'm going thru similar situation after 15 years been terminated without a reason under at will law

    • @22waffen
      @22waffen 3 роки тому +1

      @@yulyvalencia4870 Hi , I did talk to a lawyer and he said that there was nothing to do unless you were a victim of some kind of discrimination. The law protects the employers not the employees..

    • @AMPFIELDVISION
      @AMPFIELDVISION 2 роки тому

      @@22waffen what about the monetary aspect of it? What did the attorney say about the amount of money and options for that part?

  • @bhinbayoucity5691
    @bhinbayoucity5691 4 роки тому +1

    Can a severance pkg contract also include a stipulation that the person being fired or laid off will not seek work (on their own) with one of the company's current customers (usually for one yr)...have u run into this before?

    • @braniganrobertsonlaw
      @braniganrobertsonlaw  4 роки тому +1

      Depends on where you are located. Non-compete agreements are allowed in some states, but not in others. With some exceptions, California does not permit agreements like this.

  • @rebeccalawson99
    @rebeccalawson99 3 роки тому +3

    Super helpful - thanks for posting this.

  • @Xsupra35
    @Xsupra35 3 роки тому +3

    Great information, thank you very much! Love from Canada!🙂👍

  • @Tuscann
    @Tuscann 3 місяці тому

    Well explained!👍👏❤️

  • @nikhil29patni
    @nikhil29patni 5 років тому +1

    In case of severence amount what we got , can we declare severence amount to next employer for tax calculation.?

    • @braniganrobertsonlaw
      @braniganrobertsonlaw  5 років тому

      I don't know, that question should be directed to your CPA/tax professional.

  • @IAmJeka
    @IAmJeka 3 роки тому

    If I would just want someone to read it (review it) about how much does that cost? Will the company find out? What if I wouldn't want to lawyer up but just have legal advice?

  • @annielin2894
    @annielin2894 7 місяців тому

    Waiting from EEOC notification and from my attorney

  • @johnmarvin146
    @johnmarvin146 Рік тому

    Hey wht about thm job only giving you 20 hrs for a month

  • @pavy415
    @pavy415 4 роки тому +1

    What if you don't sign anything and they automatically deposit it in your account

  • @michaelvan6675
    @michaelvan6675 2 роки тому

    Can we get severance if we quit

  • @PartyCrewCoolPAD
    @PartyCrewCoolPAD Рік тому

    Unless I was 41 years old to being summon upon a food service traits. Brought me here THANKS 👍👋

  • @brttabt5671
    @brttabt5671 4 роки тому

    Company I've been at years is closing and our main customer is going to lease our place. Any advice?

  • @elmo454ss8
    @elmo454ss8 5 років тому

    Hi there
    Branigan robertson
    1 questions
    What about if you have benefits
    40 hours of Personal days off And they pay u your 40 Hours?
    I was bullied at work I was fired for standing up for myself I'm just wondering if you could Recommend me to someone In Las Vegas Nevada.
    Thank you have a good day

  • @pacman1000
    @pacman1000 3 місяці тому

    why does severence get taxed so much?.. 37.5%

  • @gildamunoz5542
    @gildamunoz5542 5 місяців тому

    But Florida don’t have
    The law to prtec employees

  • @benjoe1565
    @benjoe1565 3 місяці тому

    I had been fired in retaliation but i want to arbitration ...can i revive the firing..

  • @coco92142
    @coco92142 3 роки тому

    Quick question: My last day from work is November 12 but I just found a new job and I will be starting November 8. The overlapping is only four days I do not want to lose my severance package because of my new job. Since my last day is November 12 despite the fact I had worked 20 years how do I approach it to HR what is my legal right? I am entitled to it I earn it the last 20 years . Any suggestion would be appreciate it

    • @samtx
      @samtx 11 місяців тому

      Delay start date??

  • @munozyoshi
    @munozyoshi 4 роки тому

    Do you also review out of state? I'm in Chicago and just got news today I'm getting let go from a fortune 100 company, been with them for 10 years, basically the only real job since being out of college. I'm waiting to hear about my severance. I'm not comfortable with how I was informed out of nowhere, not even my career counselor or immediate leadership were informed. I'm really hoping to get a review now that I've seen your video. Any info is appreciated.

    • @braniganrobertsonlaw
      @braniganrobertsonlaw  4 роки тому +2

      Sorry, I can't help anyone out of state. Lawyers are only licensed on a state by state basis.

  • @uzih
    @uzih 5 років тому +19

    You have a great stage presence

    • @braniganrobertsonlaw
      @braniganrobertsonlaw  5 років тому +1

      Thank you!

    • @ivanarkhipov3306
      @ivanarkhipov3306 5 місяців тому

      No need for a necktie. Your talking is doing the business. White shirt would look just elegant. Good luck! I also enjoyed the video.

  • @Lintlikr1
    @Lintlikr1 Рік тому

    What if you're laid off but you aren't offered severance?

    • @shortcrypto7490
      @shortcrypto7490 Рік тому

      thats not laid off then

    • @Lintlikr1
      @Lintlikr1 Рік тому

      @@shortcrypto7490 What do you mean? I was working for a startup whos main client was the Veterans Association and they dropped our application from their budget so we wound up losing our main source of income. The company laid off over 70% of its employees with zero severance.

  • @petergabor438
    @petergabor438 4 роки тому +1

    Great information thanks

  • @semimba
    @semimba 5 років тому +3

    If I get laid off and don't want to sign the severance agreement, should I tell my employer that I am having my lawyer review the agreement?

    • @braniganrobertsonlaw
      @braniganrobertsonlaw  5 років тому +5

      Yeah, that is fine.

    • @Alagathevictor
      @Alagathevictor 4 роки тому +1

      @@braniganrobertsonlaw Usually there is no point in doing that. The company will make sure the severance agreement is lawful and thus you will only be wasting money on a lawyer. Best option is to just accept the termination and move on

    • @jasonjohnson3424
      @jasonjohnson3424 2 роки тому +3

      @@Alagathevictor ummm, no. For so many reasons. No. Never assume something anyone gives u is structured legally or "fair". I wouldn't always hire a lawyer for it but don't accept the default without some critical thinking and counsel (formally or informally).

    • @Alagathevictor
      @Alagathevictor 2 роки тому

      @@jasonjohnson3424 I think the company will be interested in closing the case. They don’t want to be sued. In my case they were generous and gave me more than I was entitled to, but it was a big company

    • @mjj0829
      @mjj0829 2 роки тому

      @@Alagathevictor wonder if you watched the video. The company put the t&c to the best of company's interest. Not the employees. The try to find the least amount of money to have maximum protection of the company. Also, depending on the company, the legal team might not be that good to have all the right things in the contract. Unless you know you deserved to be cut, you should get at least some minimum help from the lawyer to review the severance.

  • @jeanniesantiago7321
    @jeanniesantiago7321 3 роки тому

    Can a severance be verbal?

    • @braniganrobertsonlaw
      @braniganrobertsonlaw  3 роки тому +2

      Do you mean an oral contract for severance? Well, in theory, yes. But you'll never be able to enforce an oral contract that exceeds $500.00 because of the Statute of Frauds. Get it in writing.

  • @veerebel7112
    @veerebel7112 Рік тому

    why would you offer a severance for a involuntary termination, if it wasn't a layoff? I think a severance in layoff is a sign of good faith. But if you fire an employee, you better have documentation to back you up. If you add a severance, that just makes the employer look bad doesn't it? It's just opening the door to hot water.

    • @ShimrraJamaane
      @ShimrraJamaane Рік тому

      It seems to be more related to incentivizing the employee to take the money and give up direct litigation attempts. It’s how much they think it costs to keep you from tying them up in litigation and any bad optics that litigation may bring; it’s cheaper to pay an employee severance than to go into litigation. So, they pick the lowest amount that they think will convince you that litigation isn’t worth the risk (as he says, it’s a risk because you may gain nothing or owe money). It’s asking “is this money worth less than the risk of you getting nothing?” Is that 40% chance (random scenario) of gaining $60k, 50% chance of gaining $0, and 10% chance of owning $15k all worth more than the 100% chance of gaining $15k?
      You only need documentation to back up a termination if it was for cause. If it was provable no-cause “we just don’t like you” termination, then the severance is meant to say “just take this and promise to leave us alone because we don’t think you have any legitimate claim that says this was anything but what we terminated you for.”
      It’s like a wicked game of Who Wants to be a Millionaire. You could take a smaller payout, negotiate for a higher one, or try to win the grand prize. This wicked version has a percent chance of you owing a certain amount if you get a question wrong while trying to win the grand prize. Also, the grand prize is a mystery prize; you don’t know how much it’s worth. It could be less than one of the earlier negotiations. It could be more.
      So, how do you choose to play the game? Do you really think you know all of the correct answers with enough confidence to both avoid the chance of owing money and that the mystery prize is worth more than the offers?

  • @jeraldjacobs5704
    @jeraldjacobs5704 4 роки тому +3

    I have worked for a company as Engineer of Record for about three months. The owners recently sold the company accepted a two year continued employment contract and laid off the staff with one weeks notice. I work in Illinois. How much should my severance package be?

  • @hakanakbas9161
    @hakanakbas9161 5 років тому

    If my company closing to plant?

  • @luisduron2722
    @luisduron2722 9 місяців тому

    Update

  • @peterghai2466
    @peterghai2466 4 роки тому

    Experience Matters

  • @Pokedude-760
    @Pokedude-760 3 роки тому

    Do lawyers ever lose in discrimination cases

  • @mranime1982
    @mranime1982 3 роки тому

    I got fired after working there for 5yrs and I didn’t get my last check or severance pay 💰
    What should I do? Can you help me.
    It’s been 3yrs and still no check

  • @martyshousecommunityorg.2890
    @martyshousecommunityorg.2890 4 роки тому

    WAS A SAVARANCE OFFERED?

  • @christinamariehicks1078
    @christinamariehicks1078 2 роки тому

    In my function report..

  • @annielin2894
    @annielin2894 7 місяців тому

    This was 5 years ago inflation 9% needs to be added

  • @andreaspetersson3311
    @andreaspetersson3311 2 роки тому

    Better to just talk to HA and have them show up at the ceo's place and have them teach him some manners ;)

  • @augustusb3501
    @augustusb3501 Рік тому

    Excellent commentary 👌🏾

  • @popoyvargas414
    @popoyvargas414 4 роки тому

    Perseverance

  • @redbaron4313
    @redbaron4313 3 роки тому

    *

  • @RuralJuror420
    @RuralJuror420 3 місяці тому +1

    You lost me with #1. “No stress” not taking severance? I’m sorry but how the hell are you paying rent and buying food and getting health care? Homelessness is arguably very stressful dude 😂

  • @Tuscann
    @Tuscann Рік тому

    👍👏🙏

  • @stevenkipus1505
    @stevenkipus1505 Рік тому +1

    LawyeR sez call a lAwyer😂😂

  • @nunayobiznass
    @nunayobiznass 4 роки тому

    Deadlines are bogus.. u can ask for extensions as well..

    • @rnupnorthbrrrsm6123
      @rnupnorthbrrrsm6123 4 роки тому +1

      Do you know how that works ? I’m nearing the deadline to file my lawsuit, I had been told I had to wait for the union to arbitrate, well that has drug out and isn’t finished. I haven’t found an attorney and am running out of time 😏
      Any advice ?

    • @nunayobiznass
      @nunayobiznass 4 роки тому

      @@rnupnorthbrrrsm6123 union cases are different. I am speaking about non union... a lawyer can advise you

    • @Nephthys-ness
      @Nephthys-ness 2 роки тому

      @@rnupnorthbrrrsm6123 what happened with that? Did you get to Arbitration? How did things roll out?

  • @SteveLohbeck
    @SteveLohbeck 2 роки тому

    $10 million

  • @stevenkipus1505
    @stevenkipus1505 Рік тому

    25 years and only 90k? Was he workIng in mexico

  • @soledadovich7308
    @soledadovich7308 Рік тому

    You are cute 😊

  • @christinamariehicks1078
    @christinamariehicks1078 2 роки тому

    Your in my space ..

  • @onstylematters4380
    @onstylematters4380 2 роки тому +1

    I found this video to be CLICKBAIT

    • @user3657
      @user3657 2 роки тому

      How? Pretty good advice.

  • @christinamariehicks1078
    @christinamariehicks1078 2 роки тому +1

    Full of bullcrap..

  • @samiramehr1406
    @samiramehr1406 Рік тому

    What do you want from me?