Think Before You Sign That Severance Package

Have you ever negotiated severance?

Have you ever been offered a severance package and wondered:
Is this fair? Do I have to accept it as is?

You’re not alone — and you’re right to ask.

At SWANN LAW, we work with both employees and employers across Ontario to clarify and negotiate severance.

Here’s what many people don’t realize:

➡️ You are not required to sign immediately or even by the employer’s stated deadline.
➡️ Severance should reflect more than just length of service — it depends on role, age, industry, and how long re-employment might take.
➡️ Severance should also include compensation for lost bonuses, benefits, or commissions.
➡️ A severance offer is often a starting point — not the final offer.

If you’ve been terminated and offered severance, it’s worth having a conversation before signing anything. A quick review can make a significant difference – are generally entitled to significantly more than what is being offered.

Learn more about how we support employees and employers here: https://lnkd.in/gRA55d2z

Tatha Swann, Employment Lawyer