Is a person entitled to severance payments?

  • Unless there is an agreement between the employer and the employee in the form of a contract, an employee is not entitled to a severance payment at the end of the employment term.
  • Oftentimes, employers offer employees severance payments because they want to protect themselves against litigation. 
Cohn, Lifland, Pearlman, Herrmann and Knopf LLP
cohn-lifland-logo