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What Employers Need to Know About Severance Arrangements

Summary

  • 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 is protected by the Older Workers Benefit Protection Act, and what it means to you;
  • Discrimination Issues;
  • Affordable Care Act and COBRA Issues
  • ERISA considerations and more!

Overview

Employee severance arrangements can be tricky business. 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 and never actually intended to provide any severance benefits to their terminated employees. This webinar examines the most up-to-date strategic, legal, and financial considerations employers need to consider with regard to offering (or not offering) severance arrangements to terminated employees.

Who should attend?

  • Business Owners and Employers
  • Comptrollers;
  • Benefits Administrators
  • Payroll and accounting managers
  • Payroll processing professionals
  • Human Resources Directors, Managers and Specialist

Janette Levey Frisch

Expert

Janette Levey Frisch, Founder of The EmpLAWyerologist Firm, is an Employment/HR attorney with over 20 years legal experience. Janette is the Legal Wellness Professional for your employment practices and workforce challenges. Janette works with employers like you to craft solid Employment Practices Wellness Plans tailored to address your company’s needs and concerns. Do you wish you could engage an employment law/HR expert an outsourced in-house counsel to solve small problems before they get big, before they escalate to a lawsuit or government audit, or maybe even avoid them altogether? Does that sound too good to be true? It isn’t. That is what Janette Levey Frisch, and Employment/HR Attorney and Founder of The EmpLAWyerologist Firm does. Janette is available for consultations, and legal services on virtually all federal and NJ and NY state employment law issues.

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