This webinar will highlight the importance of effectively handling severance pay and agreements. It will discuss several frequently asked questions on employee termination, severance pay, severance agreements, and ERISA laws.
WHY SHOULD YOU ATTEND?
Managing employee terminations with severance arrangements can be tricky business. While the economy has improved, many employers continue to find themselves in the position of having to layoff corporate executives and managers and other valued employees.
If you are an employer seeking to protect yourself from future lawsuits by offering severance benefits and agreements to departing employees in exchange for a release and agreement not to sue the corporation, then you need to attend this webinar. Why? An improperly drafted release agreement could be invalidated and of no effect. Some severance packages are subject to ERISA. Some employers find themselves ordered by a court to provide severance pay or benefits even though they do not have a written severance agreement.
Sometimes, an ill-conceived severance arrangement or a poorly written severance agreement exposes an employer to claims and liabilities it specifically sought to avoid in offering severance arrangements in the first place. This webinar will examine the most up-to-date strategic, legal, and financial considerations employers need to consider when offering severance arrangements to terminated employees.
LEARNING OBJECTIVES
- Common severance myths
- Key elements of a Severance Agreement
- Non-competition clauses
- General releases
- Discrimination claims
- The EEOC and Severance Agreements
- The Older Worker's 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
Managing employee terminations with severance arrangements can be tricky business. While the economy has improved, many employers continue to find themselves in the position of having to layoff corporate executives and managers and other valued employees.
If you are an employer seeking to protect yourself from future lawsuits by offering severance benefits and agreements to departing employees in exchange for a release and agreement not to sue the corporation, then you need to attend this webinar. Why? An improperly drafted release agreement could be invalidated and of no effect. Some severance packages are subject to ERISA. Some employers find themselves ordered by a court to provide severance pay or benefits even though they do not have a written severance agreement.
Sometimes, an ill-conceived severance arrangement or a poorly written severance agreement exposes an employer to claims and liabilities it specifically sought to avoid in offering severance arrangements in the first place. This webinar will examine the most up-to-date strategic, legal, and financial considerations employers need to consider when offering severance arrangements to terminated employees.
- Common severance myths
- Key elements of a Severance Agreement
- Non-competition clauses
- General releases
- Discrimination claims
- The EEOC and Severance Agreements
- The Older Worker's Benefits Protection Act (OBWPA)
- COBRA and ACA issues
- ERISA considerations
- Business owners
- CEO’s
- CFO’s
- Benefits administrators
- Compensation officers
- HR Managers/Directors
- Managers/Senior managers
- Payroll administrators