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Showing posts with the label ERISA laws

What Employers Need to Know about Severance Arrangements - EEOC, ACA and ERISA

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OVERVIEW While severance agreements, when used properly, can be an invaluable tool for employers, they can also be a trap for the unwary.  For example, an improperly drafted release agreement could be invalidated and of no effect. Some severance packages are subject to ERISA laws. Some employers find themselves ordered by a court to provide severance pay or benefits even though they do not have a written severance agreement. This webinar examines the most up-to-date strategic, legal, and financial considerations employers need to consider when offering severance arrangements in case of employee termination. WHY SHOULD YOU ATTEND You will learn what you need to be aware of when structuring severance arrangements in order to protect your company’s legitimate interests. Also learn when it is in your company’s interests to offer a severance package. AREAS COVERED Common severance myths The difference between severance agreements, severance packages and severance plans K...

Webinar on What Every Employer Needs to Know About Severance Arrangements – Training Doyens

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OVERVIEW When done properly, severance arrangements can be an extremely valuable risk management tool for employers—but you need to be aware of the pitfalls. Join our upcoming webinar to be presented by Janette Levey Frisch to know about the key elements of a severance agreement and the difference between a severance package and a severance agreement. Webinar Highlights ·          Common severance myths ·          Key elements of a severance agreement ·          Non-competition clauses 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 SPEAKER   Janette Levey F...

What Every Employer Needs to Know About Severance Arrangements

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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 severanc...

What Every Employer Needs to Know About Severance Arrangements

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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...