Your negotiation strategy should fundamentally change based on why you’re leaving. If you’ve been laid off due to budget cuts, your approach differs completely from

In New York, you can typically receive unemployment benefits after receiving severance pay, but the timing and eligibility depend entirely on how your severance is

When you lose your job in New York, you typically have 60 days to elect COBRA healthcare coverage at 102% of your employer’s full premium

A standard severance package typically includes one to two weeks of pay per year of service, continuation of health benefits for a limited period (usually

Evaluating an initial severance offer requires systematically analyzing each component against industry standards, your specific circumstances, and potential legal claims—most employees can increase their initial

Yes, you can negotiate your severance package, and most employers expect you to try. Studies show that roughly 70% of employees who negotiate their severance

Non-compete and non-solicitation clauses are restrictive covenants that limit your ability to work for competitors or contact former clients and colleagues after leaving your job.

A release of claims in a severance agreement is a legal provision where you waive your right to sue your employer for virtually all employment-related

Yes, severance payments are fully taxable as ordinary income and subject to federal income tax (typically 22% supplemental withholding rate), state and local taxes, plus