Posts

Showing posts with the label Employee termination

Employee Termination – How to Avoid Legal and Ethical Issues?

Image
Employee termination could be a challenging task for managers. Not only it carries the risk of legal troubles but firing an employee could also disrupt the employee-management relationship, depending on how the employee takes the termination.  Terminating an employee  not only impacts the employee’s career but also his or  her family life. Additionally, it also leaves an impact on the current employees. Employee termination puts so much at stake but under circumstances where termination is absolutely necessary, the managers need to consider a lot of things and deal with ethical dilemmas. Talking about legal issues, statistics suggest that majority of the wrongful termination lawsuits have been won by the former employee. Here are some of the best practices for conducting an employee termination that can help managers avoid legal and ethical issues in the workplace: Hold a Proper Meeting It’s always easier to terminate an employee through a phone call or email...

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

Image
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...