Severance Pay

Employment Attorneys Serving Northern and Central New Jersey

The Federal Reserve Bank in San Francisco conducted a study in 2015 how age discrimination affects men and women. Researchers sent out approximately 40,000 applications to employers for 13,000 positions in eleven cities across twelve different states.  The study concluded that older women applying for jobs were 47% more likely to be initially rejected for administrative positions than their younger counterparts.

We frequently receive calls from recently terminated employees who want to know if they are entitled to severance pay from their employer upon termination. They are understandably never happy to hear that the answer to that question is no. Generally, employers are not required to pay employees severance at termination with the following exceptions: