Employers in North Carolina are not required to pay severance to a terminated employee, and any exceptions are very rare. An employer may offer a severance package which can only be accepted if the employee signs a severance agreement. Typically, this agreement includes language about waiving the right to pursue a lawsuit against the employer.
Severance packages are negotiable and may be presented with a deadline to accept or decline. Contact our North Carolina wrongful termination lawyers if you need assistance reviewing or negotiating severance pay and/or a severance agreement.