What Every Employer Needs to Know About Severance Arrangements
OVERVIEW
We
will explore the difference between a severance package and a severanceagreement. 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.
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
LEARNING
OBJECTIVES
Learn
what you need to know to derive maximum benefit from and avoid the pitfalls
associated with severance arrangements
WHO
WILL BENEFIT
- Business
Owners
- CEO’s
- CFO’s
- Benefits
Administrators
- Compensation
Officers
- HR
Managers/ Directors
- Managers/
Senior Managers
- Payroll
Administrators
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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