A Severance Offer Letter is a document that outlines the terms of a severance package provided by an employer. It is typically given to employees who are leaving the company, either voluntarily or involuntarily. The letter includes information such as the length of time they will receive payments and any other benefits they may be entitled to. This document is an important part of the employee-employer relationship and should be read carefully before signing. It’s not just a gesture of goodwill – it’s a legally binding agreement between the two parties. Take the time to make sure you understand your rights, obligations and any potential risks you might face if you accept the package.