What Every Employer Needs to Know About Severance Arrangements
OVERVIEW
We will explore the difference between a severance package and aseverance agreement. You will learn the key elements of a severance agreement
and what you need to do to afford your company maximum protection against
employee lawsuits, administrative complaints with government agencies and
whether your severance arrangements may be subject to ERISA laws.
WHY SHOULD YOU ATTEND
When done properly, severance arrangements can be an extremely
valuable risk management tool for employers—but you need to be aware of the
pitfalls. Many employers think that if they offer severance pay conditioned on
certain restrictions that they have eliminated all legal risks, and assume
everything is fine—until it’s not.
Severance Arrangements |
For example, do you condition severance pay on promises not to
sue and other post-termination restrictions? Did you know that you might be
contractually obligated to provide severance pay even if you do not have a
written agreement? Did you know that your severance agreement may not protect
you as much as you think? Or that it may not be enforceable? Is your severance
arrangement subject to ERISA laws?
AREAS COVERED
- Common Severance Myths
- Key Elements of a Severance Agreement
- Non-Competition Clauses
- General Releases
- Discrimination Claims
- The EEOC and Severance Agreements
- The Older Workers’ Benefits Protection Act (OBWPA)
- COBRA and ACA Issues
- ERISA Considerations
WHO WILL BENEFIT
- Business Owners
- CEO’s
- CFO’s
- Benefits Administrators
- Compensation Officers
- HR Managers/ Directors
- Managers/ Senior Managers
- Payroll Administrators
LEARNING OBJECTIVES
Learn what you need to know to derive maximum benefit from and
avoid the pitfalls associated with severance arrangements
For more detail please click on this below link:
Email: support@trainingdoyens.com
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882
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