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Is my employer required to give me a severance package?

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Is my employer required to give me a severance package?

Generally speaking, no. At the time of resignation or termination, your employer is only obligated to pay you the wages owed and the value of any paid time off that’s been accrued but not used. Note that some employees contract in advance for a severance, either individually, through a union contract, or through company policy.

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