Sometimes layoffs happen that you know are coming. Other times you’re completely blindsided by it. It’s always valuable to know how you’ll handle a situation where you’ve been laid off and asked to sign a severance agreement. Most NYC law firms will suggest not signing them until you’ve read them thoroughly and understand the language completely. We’ve discussed some situations in which you should not sign a severance offer.
When You Have To Sign A Non-Compete Clause
An attorney in New York will caution you to look out for non-compete clauses. Many times, employers will want you to wait a certain amount of time before finding employment in the same industry. Depending on the language, you might never get to find a job in the industry again if you sign the severance offer. This is when having employment lawyers in NYC available to review it could save the rest of your career.
Agreeing That Your Employee Did No Wrongdoing
If you have even the slightest thought that your employer is guilty of wrongdoing, then signing a severance offer indicating that they did no wrongdoing can limit your legal actions. Consult with an attorney in New York before signing the agreement to determine whether wrongdoing actually occurred.
Signing A Gag Clause
Companies want to protect their reputation and don’t want laid-off employees to go public with negative comments. Many times severance offers will include a gag clause stating you can’t publicly criticize them. Even if you don’t intend to do so, speaking with an attorney in New York about it is valuable to ensure you aren’t missing something.
Signing A Clause Indicating You Can’t Be Re-Hired
Some severance offers will include a clause stating you can never work for the company again. While you might not want to anyway, the legal foundation for this type of clause is questionable, so it’s best to hold off on signing until you’ve spoken with employment lawyers in NYC.
Gordon & Gordon can help you through any legal situation you’re involved in with your current or former employer. We have decades of experience and have seen a multitude of situations, so you can feel confident we have the expertise to help. If you’ve received a severance offer from your employer, contact us today to schedule a review to ensure you’re protected and not giving away your rights.