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