Missouri Severance Pay Lawyers
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.
Severance Pay in Missouri
Coming out of a meeting with Human Resources only to find you’ve been let go from your job is a horrible feeling. We understand that you’re probably uncertain about what to do and how to navigate this challenging time. If you received a severance agreement as part of your meeting, you have more options than you think.
HR may have told you that your company’s offer of severance is a “standard agreement,” but under Missouri employment law, there is no such thing. In other words, every severance package is unique, and you have the right to customize yours. By offering this agreement, your employer is protecting themselves and likely wants you to sign away your right to litigate against them.
As Missouri is an “at-will” employment state, your former employer is not required to provide you with severance pay. The reason they immediately present you with the option for severance is that the agreement benefits them. Missouri employment law, however, allows you to protect yourself as well.
You are allowed a certain consideration period to review your severance agreement before you sign. We encourage you to read your agreement carefully and think about if you want to change any aspects of the offered severance package. Speak with one of our Missouri severance pay specialists and receive everything you are entitled to.
Your Rights in Missouri
Even if your former employer attempts to pressure you to sign your agreement right away, you have rights under Missouri’s employment laws. You have the right to negotiate the terms of your agreement.
What might you want to negotiate? You may want to ask for the continuation of healthcare for you and your family while you search for another job. You can request the continuation of other benefits, as well. You may also want to ask for more severance pay and request that it be paid to you in either a lump sum or in installments.
Our team of Severance Lawyers can help you understand and navigate any non-compete clauses your employer has in their agreement. Non-compete clauses could prevent you from working for a competitor or within a certain geographic area. As specialists in Missouri employment law, we can directly negotiate with your employer on your behalf.
Who We Are
The Severance Lawyers have more than a decade of experience in handling employment severance agreements. We review your initial agreement and propose any changes or revisions.
We are well-versed in Missouri employment law and have experience with a variety of industries. We have also represented all levels of employees. We are an award-winning team that will ensure you receive the maximum benefits for you and your family. Contact our attorneys to review your agreement today.
Schedule a consultation by calling (800) 466-5015.
- 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.
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.