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Severance Packages

NJ Severance and Executive Compensation Lawyers

Negotiating and litigating to protect your rights

Deutsch Atkins & Kleinfeldt, P.C. is one Northern New Jersey’s largest and most respected plaintiffs’ employment law firms. The firm has extensive experience representing employees in severance package negotiations and executives in severance and executive compensation matters. If your employment has been terminated and you need legal advice regarding severance law in New Jersey or New York or your rights under your particular contract, Deutsch Atkins & Kleinfeldt, P.C. can help.

Severance packages for NJ employees

Neither federal laws nor severance laws in NJ require employers to pay severance upon the termination of employment. However, when a company has a severance pay policy, the company must follow that policy. Typically, employers only provide severance pay to employees who are laid off because of job reorganization, restructuring or downsizing, but some employers pay severance to terminated employees in recognition of past service.

Employers generally require an employee to sign a Separation Agreement and General Release that explains their right to severance pay. These agreements may include restrictive covenants, such as noncompete agreements, that limit the employee’s job opportunities after termination.

Senior-level employees can also negotiate severance packages at the outset of employment with the help of an employment contract lawyer. In addition to obtaining higher pay and health benefits, an experienced attorney may be able to modify or remove objectionable noncompete provisions. The NJ severance attorneys at Deutsch Atkins & Kleinfeldt, P.C. negotiate severance packages in a manner that protects your rights and maximizes your compensation.

Issues frequently arise when companies deny terminated employees their full compensation under their severance agreements. Our employment litigation attorneys work aggressively to resolve severance disputes in our clients’ favor.

NJ executive compensation attorneys help maximize pay and benefits

Deutsch Atkins & Kleinfeldt, P.C. has successfully represented thousands of executive and professional employees in employment contract and severance package negotiations. We assist in negotiating employment contracts prior to beginning work with an employer. Later, depending on the circumstances leading to an executive’s departure from a company, we can often renegotiate packages to obtain substantial enhancements over the initial agreement.

Although pay is a large aspect of a severance package, an experienced NJ executive compensation attorney should negotiate all potential benefits to construct a true “golden parachute.” These benefits can include:

  • Stock options and other equity arrangements
  • Cash bonuses
  • Employment benefits
  • Retirement and pension plan benefits

In many cases, our NJ executive compensation lawyers have done more than obtain valuable benefits for our clients; we have also negotiated payment structures that minimize our clients’ tax exposure.

Contact our NJ severance lawyers and NJ executive compensation attorneys

Deutsch Atkins & Kleinfeldt, P.C. has vast experience negotiating and litigating severance packages and other aspects of executive compensation. To schedule a consultation, call 551-245-8894 or contact us online. Our firm has offices in Hackensack, Bergen County, New Jersey and Rockland County, New York.

Neil  H.  Deutsch Attorney Photo
Neil H. Deutsch

Neil H. Deutsch has been practicing law for over 35 years and is known as a skilled negotiator in employment and discrimination law. He believes in a bottom-line approach of risk analysis and cost effectiveness for his clients. "Case evaluation is something we take seriously," says Mr. Deutsch who seeks top net dollar for his…

Bruce  L.  Atkins Attorney Photo
Bruce L. Atkins
Senior Partner

Bruce L. Atkins is the Senior Managing Partner at Deutsch Atkins & Kleinfeldt P.C., a prominent plaintiff employment law firm in the tri-state area. Mr. Atkins believes employees’ rights should be aggressively pursued when they’ve been wrongfully dealt with by their employers. He brings this philosophy to his practice when considering each case and its…

Adam  J.  Kleinfeldt Attorney Photo
Adam J. Kleinfeldt

Adam J. Kleinfeldt joined Deutsch Atkins & Kleinfeldt, P.C. in March of 2015.  He primarily represents individuals in employment litigation such as discrimination, retaliation and whistle blowing matters. He has extensive experience in all phases of the litigation process. Adam has obtained significant results for his clients, including a $525,000 jury verdict in a sexual…

Debra M. McGarvey Attorney Photo
Debra M. McGarvey

Debra M. McGarvey joined Deutsch Atkins & Kleinfeldt, P.C. in December 2019. She has extensive experience defending employees and employers in state and federal court in employment litigation matters. She has represented clients on various issues arising out of the New Jersey Law Against Discrimination (NJLAD), the New Jersey Conscientious Employee Protection Act (CEPA), the…

Carly Skarbnik Meredith Attorney Photo
Carly Skarbnik Meredith

Carly Skarbnik Meredith, Esq. is a Partner at the firm. Carly has focused her career exclusively in the field of employment law. She has a plethora of experience representing both employees and employers with their employment issues, needs, and concerns. She believes representing both employees and employers has made her an extremely well-rounded client advocate.…


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