Have you ever terminated an employee or handled the aftermath of an employee termination? Do you offer severance pay? Do you use severance agreements? When done properly, severance arrangements can be an extremely valuable risk management tool for employers-but you need to be aware of the pitfalls. This webinar will help you learn what you need to know to derive maximum benefit from and avoid the pitfalls associated with severance arrangements.
Employee severance arrangements, while a very effective tool for employers to manage post-termination risks, can be tricky fraught with pitfalls. For example, 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. This webinar examines the most up-to-date strategic, legal, and financial considerations employers need to consider when offering severance arrangements to terminated employees.
- Common severance myths;
- The difference between severance agreements, severance packages and severance plans.
• Key elements of a severance agreement and language that should be considered for most severance agreements;
• The EEOC and severance agreements
• An overview of the special rules applying to older workers–who’s protected by the Older Workers Benefit Protection Act, and what it means to you;
• Discrimination Issues;
• Affordable Care Act and COBRA Issues
• ERISA considerations;
• Case examples
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Janette Levey Frisch, Founder of The EmpLAWyerologist Firm, has over 20 years of legal experience, more than 10 of which she has spent in Employment Law. It was during her tenure as sole in-house counsel for a mid-size staffing company headquartered in Central New Jersey, with operations all over the continental US, that she truly developed her passion for Employment Law.
Janette and The EmpLAWyerologist Firm operate under this core belief: It is possible, and it is in an employer’s best interest, to proactively solve workforce challenges before they become problems before they result in lawsuits or steep fines caused by government audits. Janette works with employers on most employment law issues, acting as the Employer’s Legal Wellness Professional — to ensure that employers are in the best position possible to avoid litigation, audits, employee relations problems, and the attendant, often exorbitant costs.
Janette authors the firm’s weekly blog, where you can read each week, in plain English (not legalese) about issues impacting employers today. Janette has written articles on many different employment law issues for many publications, including EEO Insight, Staffing Industry Review, @Law, and Chief Legal Officer. Janette has also spoken and trained on topics, such as Criminal Background Checks in the Hiring Process, Joint Employment, Severance Arrangements, Pre-Employment Screening among many, many others. Janette also serves as a Task Force Member of the Workplace Violence Prevention Institute, a multi-disciplinary organization dedicated to providing cutting edge resources to employers serious about taking a holistic, proactive approach to preventing and minimizing workplace violence.