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.