By
Lisa A. Lori
and Esq.
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Also, the severance policy should state that the payment is conditioned on the employee signing a waiver or release. Do not give a severance payment to an employee unless, and until, he or she executes a waiver or release.
4. Give employees a separation letter. Your company should provide a separation letter to each affected employee. Be sure to at least address the following points in the letter:
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