i am not sure , but did you receive my response?
Good afternoon Issa,No, there was no response posted to this question. I'm really sorry, but that happens sometimes with the system. Could you please re-post it here.Thanks,Doug
they will take a lot of taxes if it is been paid all a once would n it?
well the 50000 is what they offered over a years time or lumpsum
my concern also is that i want more money for my severance which might include the 50k as initial payment and also get regular salary for the rest of the year on top of that. in that case if they agree will the intial 50k giving right now be considered like a regular ck, since there is more ,
and by the way , while i am get in these cks over a period of time
will i still be considered and employee of that company?
while getting paid over the next 8 month if they agree or if i get one lump sum
will i also be able to collect unemployment now.
Good afternoon Issa,
That is a completely different question. As for a severance package in CA---keep in mind that if the money you get is not stated in a writing as compensation for you giving up any rights you might have to sue the employer--- if it is simply a lump sum of money, or even payments over a period of time to substitute for your lost wages, then unemployment will consider it wages and you will be ineligible for unemployment benefits until the number of weeks has passed which equals the weekly pay you received before termination divided into the amount of severance pay you receive.
However, as many employers provide in severance agreements, if you have to give up the right to sue the employer for some reason in order to get the severance, then you will be eligible for unemployment benefits immediately.Please remember to rate my service to you when our communication is completed, so that I will be compensated for my time in providing you with the information you requested.
I wish you the best in 2013,Doug
employer provided me with separation agreement and general release
can i fax it for you to review it and to help me understand all that it means
and then possibly help me negotiate with employer because i am
thinking to go for 200k to 500k
or should i go see an Attorney in person to handle that?
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