Wisconsin 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 Wisconsin
We know how difficult it is to hear that you’ve been let go from your job. If you have recently come out of a meeting with HR during which they offered a severance agreement, you might be wondering what to do next. Despite any pressure you may feel from your HR department, you are not required to sign right away. Wisconsin employment law provides you with a consideration period to review your agreement.
If your employer tells you that your severance agreement is “standard” for your industry or your job title—this is untrue. There is no such thing as a standard severance agreement, meaning that any offer is open to negotiation. If your Wisconsin employer is offering severance pay, most of the time this is because they want something in return from you.
How might a severance agreement benefit your employer under Wisconsin employment law? Severance packages protect your former employer from legal action. Before you agree to their terms, you have the right to ensure that your interests are protected as well.
Our award-winning attorneys can help you negotiate an agreement that provides you with the most severance pay possible in Wisconsin and the best benefits for you and your family.
Your Rights in Wisconsin
You have the right to read through your severance agreement carefully before signing anything. You also have the right to negotiate or have legal representatives negotiate your agreement on your behalf.
What might you want to negotiate? Wisconsin employment law stipulates that you may ask for more severance pay and request it be paid to you in a lump sum or in installments. You may also request the continuation of healthcare for you and your family while you search for another job.
You can throw out any aspects of the agreement you don’t like, such as a non-compete clause. Non-compete clauses could potentially prevent you from working for a competitor company or within a certain geographic area for a certain period of time. If a non-compete clause or any other stipulation of your agreement seems to limit you, or if you have questions about what something means, call us for a straight answer and advice about how to proceed.
Contact our specialists in Wisconsin employment law today and have us review your agreement.
Who We Are
The Severance Lawyers are award-winning attorneys experienced in a variety of industries. Our network has lawyers in all 50 states, and we have more than 13 years of experience in severance package review and negotiation.
We want to ensure that you walk away from your former employer with the full benefits and severance pay you are entitled to. We are well-versed in Wisconsin employment law and respond to inquiries within 24 hours.
Contact the Severance Lawyers and begin the negotiation process today.
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.