What Every Employer Needs to Know About Severance Arrangements

    /Janette  /Levey Frischspeaker of Training Doyens
    Speaker: Janette Levey Frisch
    Date: Wednesday, February 7th
    Time: 01:00 PM EST | 10:00 AM PST
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    Duration: 90 Minutes
    Product Code: 50113
    Level: Intermediate
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Training Doyens is recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP or SHRM-SCP. This program is valid for 1.5 PDC for the SHRM-CP or SHRM-SCP. For more information about certification or recertification, please visit shrmcertification.org.


OVERVIEW

We will explore the difference between a severance package and a severance agreement. You will learn the key elements of a severance agreement and what you need to do to afford your company maximum protection against employee lawsuits, administrative complaints with government agencies and whether your severance arrangements may be subject to ERISA laws.

WHY SHOULD YOU ATTEND

When done properly, severance arrangements can be an extremely valuable risk management tool for employers—but you need to be aware of the pitfalls. 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?

AREAS COVERED

  • Common Severance Myths
  • Key Elements of a Severance Agreement
  • Non-Competition Clauses
  • General Releases
  • Discrimination Claims
  • The EEOC and Severance Agreements
  • The Older Workers’ Benefits Protection Act (OBWPA)
  • COBRA and ACA Issues
  • ERISA Considerations

LEARNING OBJECTIVES

Learn what you need to know to derive maximum benefit from and avoid the pitfalls associated with severance arrangements 

WHO WILL BENEFIT

  • Business Owners
  • CEO’s
  • CFO’s
  • Benefits Administrators
  • Compensation Officers
  • HR Managers/ Directors
  • Managers/ Senior Managers
  • Payroll Administrators

SPEAKER

Janette Levey Frisch, founder of The EmpLAWyerologist Firm, is an employment/HR attorney with over 20 year's 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 an organization’s needs and concerns. As a consultant, she offers legal services on virtually all federal and NJ and NY state employment law issues.

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Purchase Options

Live Session

for one participant

$159

Corporate Live Session

Group – Max 10 Participants from one location.

$449

Recorded Session

Get unlimited access to audio recording of the webinar for 6 months.

$199

Training CD

MP3 files, PDF presentation and reference manual will be delivered on a CD

$379

Super Combo Offer 1

Live and Recorded webinar

$289

Super Combo Offer 2

Live and Training CD

$429

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