Are you planning to lay off employees and use your same template severance agreement which hasn’t been modified in the last year? Better think again, particularly if you plan to terminate an ...

For years, confidentiality and non-disparagement clauses have been integral parts of any agreement where the employer agrees to pay the departing employee a severance. These types of provisions ...

Acronyms make us do things. AWOL makes us go looking for someone, BOGO makes us buy two of something we didn’t need one of, and NSFW makes us cover our screen and hope no one has already walked by.

Golden parachute agreements provide generous severance packages to eligible employees, officers and directors who part ways with a company after a change in control. Payouts often include accelerated ...

Almost all employment in the United States is “at-will,” meaning you can quit, and companies can fire you, without cause. This also means that except in a few situations, you’re not entitled to any ...

Severance Agreements will usually include a general release or waiver that requires that the employee cannot sue his or her employer for wrongful termination or attempt to seek unemployment benefits ...

When you’re fired or laid off, a severance package can offer a sense of relief—but it often brings a wave of overwhelm, too. A severance agreement ends the employment relationship between the employee ...

Q: We had to lay off an employee who wasn’t a good fit for us. I wanted to offer her a severance package of five weeks of income, to help her and her family as she searches for a new job. But I read ...

When employees are laid off or fired from a company, often their severance package is contingent on them staying quiet. Now, the National Labor Relations Board, an independent federal agency that ...

Carrier Corp.’s 1,400 displaced employees will receive severance pay equal to one week for every year of service and six months of medical insurance, according to an agreement between the company and ...