Four Things to do Before and After You're Laid Off

Management Tech Brief By HackerNoon

This story was originally published on HackerNoon at: https://hackernoon.com/four-things-to-do-before-and-after-youre-laid-off.
One of the hardest things to deal with about a layoff is that it is unexpected for the person laid off. Take these steps to deal with it if /when it happens.
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Employers are required to pay you for the time you have already worked and for your notice period. Severance pay is contingent on signing a severance agreement that pays the employee in return for them waiving rights to sue. There is no legal requirement for a company to deliver more of its [stock] or option benefits than have already been paid out. If you are laid off and not offered severance or offered a tiny amount, simply ask for more. The clock immediately starts ticking on stock option purchases.