In a perfect world, employers should give their employees a reasonable amount of time to review their severance agreement. However, many employers may want to pressure their employees to sign on the spot; or, give out a time constraint that is unreasonable. Your employer should also be observing the laws that allow for exceptions to the time allotted to review; or allow an employee to revoke such an agreement. For example, if you are over a certain age, the law may require that you be given a certain amount of days to review or even to revoke after signing.
BOTTOM LINE: It is unwise to sign your agreement without consulting a lawyer. Our attorneys are on standby and ready to help you seven days of the week. Our mission is to make the process easy for you and to take away any related stress you may be facing as a result of receiving one of these agreements. Contact us today.