What Employers Need to Know About Severance Arrangements - EEOC, ACA and ERISA
Date: Apr 3, 2018, TueStart Time: 10:00 AM PDT
Duration: 1.5 HrsBook Mark:
Topic ID: WEB01443
This webinar will highlight the importance of effectively handling severance pay and agreements. It will discuss several frequently asked questions on employee termination, severance pay, severance agreements, and ERISA laws.
Why Should You Attend?
Managing employee terminations with severance arrangements can be tricky business. While the economy has improved, many employers continue to find themselves in the position of having to layoff corporate executives and managers and other valued employees.
If you are an employer seeking to protect yourself from future lawsuits by offering severance benefits and agreements to departing employees in exchange for a release and agreement not to sue the corporation then you need to attend this webinar. Why? 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. Sometimes, an ill-conceived severance arrangement or a poorly written severance agreement exposes an employer to claims and liabilities it specifically sought to avoid in offering severance arrangements in the first place. This webinar will examine the most up-to-date strategic, legal, and financial considerations employers need to consider when offering severance arrangements to terminated employees.
Areas Covered in the Webinar:
• Common Severance Myths
• Key Elements of a Severance Agreement
• Non-Competition Clauses
• General Releases
• Discrimination Claims
• The EEOC and Severance Agreements
• The Older Worker's Benefits Protection Act (OBWPA)
• COBRA and ACA Issues • ERISA Considerations
Who Will Benefit:
• HR Professionals
Janette Levey Frisch
Janette Levey Frisch is an attorney with more than 20 years’ legal experience. She works with employers on most employment law issues to ensure that employers are in the best position possible to avoid litigation, audits, employee relations problems, and the attendant, often exorbitant costs. She authors the firm’s weekly blog, where she discusses issues impacting employers today. She has written articles on many different employment law issues for many publications, including EEO Insight, Staffing Industry Review, @Law, and Chief Legal Officer. Ms. Frisch has also spoken and trained on topics, such as criminal background checks in the hiring process, joint employment, severance arrangements, pre-employment screening among many others. She is licensed in New Jersey and New York. In addition, she serves as a Legal Wellness Professional to employers outside New Jersey and New York on almost all federal employment law issues, to enable employees to address workplace challenges before they escalate to litigation or costly audits. Ms. Frisch is also a contributor to the recently released book, “Hiring Greatness: How to Recruit Your Dream Team and Crush the Competition,” published by John Wiley and Sons, and authored by David E. Perry and Mark J. Haluska.
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Frequently Asked Questions