serverance after merger but job still present
Facts:
1) No formal severance policy at seller company
2) less than 100 employees in US
3) Verbal commitment of 3 months severance upon merger completion
4) Outplacement services offered
Question: If my job continues at the same site under same conditions, am I entitled to severance(3 months) in addition to normal pay?
Answers (2)
You may have a contractual right to severance.
This response is meant to supplement my first response, which was accidentally posted before it was completed.
Before I respond to your inquiry, I must state that we have not spoken, I have not reviewed the relevant documents and facts, and I do not represent you. Therefore, my discussion below is not a legal opinion, but is informational only. Finally, my discussion applies only to issues to which Pennsylvania or Federal law apply, unless otherwise specified.
That being said, if you have a verbal promise to provide you severance, what is it being offered for? If you are giving something to the employer in return, such as staying on instead of taking a new job, you may have an enforcable contract for severance.
If you would like to discuss this matter further, please feel free to contact me at the below address(es) or number.
/Christopher E. Ezold/
Nancy O'Mara Ezold, P.C.
One Belmont Avenue,
Suite 501
Bala Cynwyd, PA 19004
(610) 660-5585
Cezold@Ezoldlaw.com
posted by Christopher Ezold | Aug 10, 2005 09:45 AM [EST]
This response is meant to supplement my first response, which was accidentally posted before it was completed.
Before I respond to your inquiry, I must state that we have not spoken, I have not reviewed the relevant documents and facts, and I do not represent you. Therefore, my discussion below is not a legal opinion, but is informational only. Finally, my discussion applies only to issues to which Pennsylvania or Federal law apply, unless otherwise specified.
That being said, if you have a verbal promise to provide you severance, what is it being offered for? If you are giving something to the employer in return, such as staying on instead of taking a new job, you may have an enforcable contract for severance.
If you would like to discuss this matter further, please feel free to contact me at the below address(es) or number.
/Christopher E. Ezold/
Nancy O'Mara Ezold, P.C.
One Belmont Avenue,
Suite 501
Bala Cynwyd, PA 19004
(610) 660-5585
Cezold@Ezoldlaw.com
posted by Christopher Ezold | Aug 10, 2005 09:45 AM [EST]
You may have a contractual right to severance.
posted by Christopher Ezold | Aug 10, 2005 09:42 AM [EST]
posted by Christopher Ezold | Aug 10, 2005 09:42 AM [EST]
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