TEnnessee 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 Tennessee
If you’ve recently been led to the human resources department, sat down for a meeting, and informed of your termination, you might be wondering what happens next. Likely, you were presented with a severance agreement.
It’s typical for an HR representative to tell you that their severance agreement is a “standard package,” but there’s no such thing in Tennessee employment law. Unfortunately, the real aim of a severance package is often for you to sign away certain employee rights you have in Tennessee, such as the right to sue your former employer.
As Tennessee is an at-will employment state, your employer is not required by Tennessee employment law to offer you severance. The company does so because the terms of the agreement are in some way beneficial to them—but you have the right to negotiate for your best interest as well.
Before you sign anything, read your severance agreement and consider what you’d like to have included. The package likely has severance pay already, but do you want more? Do you want it paid in a specific way and at a specific time?
It may feel intimidating to ask these questions yourself. That’s why it’s critical to speak with one of our expert Severance Lawyers. We carefully read your severance agreement and translate the terms for you in plain language. We work hard to protect your employee rights in Tennessee and ensure you receive all that you’re entitled to.
Your Rights in Tennessee
First and foremost, you have the right to negotiate the terms of your severance agreement with your former employer. You do not have to sign your agreement right away, and you have the right to consider how Tennessee employment laws could benefit you.
Which aspects of your severance agreement might you negotiate? You can ask for more severance pay, the continuation of benefits (such as healthcare) for you and your family, or stock and pension options.
We recommend speaking with one of our lawyers about employee rights concerning non-compete clauses in Tennessee. A non-compete clause might prevent you from working in a specific geographic area or for a competitor company for a certain period of time. Our Severance Lawyers are well-versed in Tennessee employment laws and can throw out aspects of your severance package that do not benefit you.
Who We Are
Severance Lawyers specialize in handling employment severance agreements. We seek to protect your employee rights in Tennessee and ensure that you’re benefiting from any severance package you sign.
We will review your severance agreement and recommend any changes or revisions. You can either then take those recommendations to your employer or allow us to negotiate on your behalf.
If you’ve been offered a severance agreement in Tennessee, it’s vital that you call us first. Remember, your employer is most likely acting in their best interest. You’ve worked hard in your position. Contact our legal experts today and partner with us to craft a better severance package that will benefit you and your family.
Schedule a consultation by calling (800) 466-5015.
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.- Al W.
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.- Wendy G.
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!- Michelle M.
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.- Tucker W.
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.- Sweta M.
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.- Austin S.
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.- Sean C.
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.- Joe K.
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.