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Many employers think that if they offer severance pay conditioned on certain restrictions that they have eliminated all legal risks, and assume everything is fine-until it's not. For example, do you condition severance pay on promises not to sue and other post-termination restrictions? Did you know that you might be contractually obligated to provide severance pay even if you do not have a written agreement? Did you know that your severance agreement may not protect you as much as you think? Or that it may not be enforceable? Is your severance arrangement subject to ERISA laws? Attend this webinar to learn more.
Areas Covered in the Session
- Common Severance Myths
- Key Elements of a Severance Agreement
- Non-Competition Clauses
- General Releases
- The EEOC and Severance Agreements
- The Older Workers' Benefits Protection Act (OBWPA)
- COBRA and ACA Issues
- ERISA Considerations
Who Will Benefit
- H.R. Professionals and Managers
- Benefit Administrators
- Compensation Officers
- Compliance Officers
Janette S Levey founder of The EmpLAWyerologist Firm, is an employment/HR attorney with over 20 years legal experience. Ms. Frisch is a legal wellness professional for employment practices and workforce challenges. She works with employers to craft solid employment practices wellness plans tailored to address a company’s needs and concerns. Ms. Frisch offers consultations and legal services on virtually all federal and NJ and NY state employment law issues.