Neither California law nor federal law requires employers to provide severance pay or severance packages upon termination of a worker. However, many companies elect to provide severance benefits either as a courtesy to long-term employees, in exchange for a severance agreement, and/or as a way of minimizing their exposure to potential claims and lawsuits. Severance
Severance Package Agreements: California Law Explained (2023)
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Severance Package Agreements: California Law Explained (2023)
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