Severance Agreements

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    How an employee termination or layoff is handled on the front end can make all the difference in how the separation actually takes place. A well-executed, carefully planned termination can minimize problems and legal risks. A poorly executed, shoot-from-the-hip approach, on the other hand, can cost an employer dearly in terms of...

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    The idea behind a severance agreement is that the employee agrees to take something of value to which he is not otherwise entitled — additional compensation, benefits, or other “in kind” consideration — in exchange for agreeing not to sue you. Unfortunately, even a totally justified, squeaky-clean termination isn’t...

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    By Michael S. Beaver and Emily Hobbs-Wright Holland & Hart LLP An employer forecasts an economic downturn in business and the probability of having to lay off employees in several waves of workforce reductions. The well-intentioned employer is particularly concerned about the impact on employees who have worked for the company for many years...
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      In any termination situation, you MUST dot every "i" and cross every "t" to shield your organization from retaliation litigation. If you're downsizing even just one employee, you don't want to miss the all-new audio conference on separation agreement fundamentals hosted by employment law attorney Brian Garrison, Making a Clean Break:...
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    Terminations often present lawsuit risks. Separation and settlement agreements can reduce those risks by negotiating away a former employee's legal avenues and clarifying the reasons for the firing. Before you can decide if a particular situation warrants such a document, and what your severance agreements should contain, be sure you understand...
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