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An Employer's Guide to Severance Arrangements

Janette Levey Frisch is Keynote Speaker at Ijona Skills. She is founder of The EmpLAWyerologist Firm, has over 20 years of legal experience, more than 10 of which she has spent in Employment Law. It was during her tenure as sole in-house counsel for a mid-size staffing company headquartered in Central New Jersey, with operations all over the continental US, that she truly developed her passion for Employment Law. Janette and The EmpLAWyerologist Firm operate under this core belief: It is possible, and it is in an employer's best interest, to proactively solve workforce challenges before they b........

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Overview

Severance arrangements for departing employees have so many pitfalls that even the most well-intentioned employers can be tripped up. Releases included in severance agreement, if improperly drafted, may be found enforceable, leaving employers without the protection they thought they had ensured for themselves. Some severance packages are subject to ERISA. Some employers who do not even offer severance to an employee or who do not use written severance agreements, find themselves ordered by a court to provide severance pay or benefits. In this webinar we will discuss the most up-to-date strategic, legal, and financial considerations employers need to consider when offering severance arrangements to terminated employees

Why should you attend?

Severance arrangements for departing employees have so many pitfalls that even the most well-intentioned employers can be tripped up. Releases included in severance agreement, if improperly drafted, may be found enforceable, leaving employers without the protection they thought they had ensured for themselves. Some severance packages are subject to ERISA. Some employers who do not even offer severance to an employee or who do not use written severance agreements, find themselves ordered by a court to provide severance pay or benefits. In this webinar we will discuss the most up-to-date strategic, legal, and financial considerations employers need to consider when offering severance arrangements to terminated employees

Areas Covered in the Session:

Common severance myths
-The difference between severance agreements, severance packages and severance plans.

  • Key elements of a severance agreement and language that should be considered for most severance agreements
  • The EEOC and severance agreements
  • An overview of the special rules applying to older workers-who's protected by the Older Workers Benefit Protection Act, and what it means to you
  • Discrimination Issues
  • Affordable Care Act and COBRA Issues
  • ERISA considerations-- and more!

Who can Benefit:

  • Vice President of Human Resources
  • Human Resources Director
  • Human Resources Manager
  • Benefits Administrator
  • CFO
  • Controller
  • General Counsel
  • In-House Counsel
  • Compensation Officer/Specialist
  • CEO
  • COO
  • President

Webinar Id: CIFJL001

Duration: 90 mins

Ratings:
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