Iowa Severance Pay Lawyers
How to Calculate Severance in Iowa
When an employer presents you with a severance agreement in Iowa, it can be difficult to understand exactly what they are asking you to sign. To protect your rights and benefits, have every Iowa severance agreement reviewed by an experienced employment attorney before agreeing to it. You may be able to request a change in the agreement. Our skilled Iowa severance lawyers have years of experience in severance agreements. In Iowa and in states throughout the United States, we can help you review and negotiate your severance documents so that your rights are protected and you receive the benefits you deserve.
Easy 4-Step Process
Call us or fill out a contact form.
Our office will schedule a date and time for the meeting (either in person, Zoom or by phone). All meetings can be scheduled within 24 hours.
Our severance package lawyer will conduct a thorough review of the agreement before discussing it carefully with you and answering your questions.
Our attorneys will send you a detailed email regarding any changes, revisions, or other items that need addressing with your previous employer. You will then have the option to negotiate with your employer directly on your behalf to retain us to negotiate for you to try to improve the terms and amount of severance pay.
Iowa Severance Review & Negotiation
Our attorneys have received numerous awards and accolades. They are recognized for excellence by peers, respected organizations, and important publications. Since 2006, our lawyers have been included in the Super Lawyers List for Employment Law and the Super Lawyers Rising Stars List for Employment Law. We were named Employment Law Firm of the Year by Corporate Intl Magazine in both 2010 and 2012. We were given the AI Business Team Excellence Award in 2015 and were named as one of AI’s most innovative law firms of the year in 2016. We have also been included in the Top 40 under 40 Lawyers listing.
Our Iowa attorneys will lend you their experience and skill so you can understand y our Iowa severance agreement. We give you the peace of mind that comes with understanding your severance package. If you retain us to negotiate on your behalf, we will use our legal expertise to get you the benefits and severance pay you deserve.
Contact our Iowa severance lawyers today for a consultation.
Our Iowa Severance Lawyers Serve the Following Communities Below:
- Polk County IA
- Linn County IA
- Scott County IA
- Black Hawk County IA
- Johnson County IA
- Woodbury County IA
- Dubuque County IA
- Pottawattamie County IA
- Story County IA
- Dallas County IA
- Clinton County IA
- Cerro Gordo County IA
- Warren County IA
- Muscatine County IA
- Des Moines County IA
- Marshall County IA
- Webster County IA
- Jasper County IA
- Lee County IA
- Wapello County IA
- Marion County IA
- Sioux County IA
- Benton County IA
- Boone County IA
- Plymouth County IA
- Bremer County IA
- Mahaska County IA
- Washington County IA
- Winneshiek County IA
- Buchanan County IA
- Fayette County IA
- Carroll County IA
- Henry County IA
- Jones County IA
- Jackson County IA
- Buena Vista County IA
- Poweshiek County IA
- Clayton County IA
- Cedar County IA
- Delaware County IA
- Hardin County IA
- Tama County IA
- Clay County IA
- Dickinson County IA
- Crawford County IA
- Floyd County IA
- Iowa County IA
- Hamilton County IA
- Page County IA
- Kossuth County IA
- Harrison County IA
- Jefferson County IA
- Madison County IA
- Butler County IA
- Mills County IA
- Allamakee County IA
- O Brien County IA
- Cass County IA
- Wright County IA
- Appanoose County IA
- Chickasaw County IA
- Shelby County IA
- Grundy County IA
- Cherokee County IA
- Union County IA
- Louisa County IA
- Hancock County IA
- Guthrie County IA
- Lyon County IA
- Winnebago County IA
- Montgomery County IA
- Keokuk County IA
- Mitchell County IA
- Sac County IA
- Emmet County IA
- Calhoun County IA
- Franklin County IA
- Humboldt County IA
- Greene County IA
- Palo Alto County IA
- Howard County IA
- Monona County IA
- Lucas County IA
- Clarke County IA
- Davis County IA
- Decatur County IA
- Adair County IA
- Pocahontas County IA
- Van Buren County IA
- Monroe County IA
- Fremont County IA
- Worth County IA
- Ida County IA
- Osceola County IA
- Taylor County IA
- Audubon County IA
- Wayne County IA
- Ringgold County IA
- Adams County IA
Client reviews
-
- Al W.
This law firm helped me achieve the results that I needed. Would recommend Paul to anyone that feels as though they have been wronged and need legal guidance and assistance.
-
- Wendy G.
My experience with Severance Lawyers was excellent. They gave my case all the time and attention that was needed to be successful. They were a calming and confident presence during a difficult and uncertain time for me. Their guidance was outstanding at all times, prompt, professional, timely and open for calls and quick updates. They invested the time to work through all of my questions and issues. I can’t thank them enough and would hire them again.
-
- Michelle M.
Tom and his staff understand the law very well. They are quick to return calls, take the initiative, and explain things in a way I can understand. From start to finish Tom was there to help me out every step of the way with our case. I am glad to have Tom and his team on my side. I simply cannot thank them enough!
-
- Tucker W.
I found myself in a challenging & stressful situation that required legal representation and their attorney Paul Castronovo handled it beyond my expectations. Paul is incredibly experienced/knowledgeable and I just felt like I was in good hands the entire time. Paul has a calming demeanor too–which is helpful in these stressful situations. Paul helped turn my lemons into lemonade.
-
- Sweta M.
Tom McKinney’s prompt attention, articulate and comprehensive advice addressed my Employment Agreement related issue. His confidence shined through instilling the confidence in me and peace of mind having him by my side. If you’re dealing with the proverbial ‘blood sucking’ company, look no further than Tom’s voice of reason.
-
- Austin S.
Going to Tom and his team for my case was the best decision I made. He was professional and knowledgeable in employment law. He helped me reach a resolution and I could not recommend him enough for anyone else out there.
-
- Sean C.
Tom McKinney is one of the best attorneys that I know…whether to negotiate on your behalf or reviewing your agreement to make sure you are getting maximum value for your compensation. From stock options to deferred compensation. I have referred him to friends in NJ and NY.
-
- Joe K.
I had Tom review my severance agreement. He provided a lot of valuable insight. I was able to go back to my employer with various points and double my package. Tom was prudent in having me use his services (told me to go back to my employer before fully engaging him) and I did not overpay when not needed. Other lawyers could have easily taken advantage of my situation and over-lawyered the situation.
Have Questions?
We Have Answers!
-
How long do I have to sign the severance documents?
When companies terminate employees and provide a severance package, the goal of the severance is to benefit both the company and the employee. Therefore, the employee has time to review the agreement. Review timelines depend on employee age and the number of people terminated simultaneously.
- Employees under the age of 40 – No set time frame, but it must be reasonable and ample enough to review and understand the components.
- Employees over the age of 40 – 21 days to review and sign and 7 days to reconsider and revoke your signature.
- Multiple terminations at once – 45 days to review and sign and 7 days to reconsider and revoke your signature.
-
How is severance pay calculated?
Several factors go into severance pay amounts. Employees in higher management positions may receive additional benefits like longer pay terms, office equipment, or medical benefits.
Typical payouts can last up to 26 weeks and go by the following calculations:
- Hourly Employees: Number of years with company X 1 week of regular pay = Severance Pay $ Total
- Salaried Employees: Number of years with company X 2 weeks of regular pay = Severance Pay $ Total
-
Am I entitled to severance pay?
No, most companies provide a severance agreement when they lay off or fire an employee. Offering a severance package is entirely optional for the company. Most companies only do it to protect themselves from future lawsuits, the employee going to a competitor company, or adverse claims from the employee. The company takes multiple factors into account when preparing the packages.