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: Strategic HR LawyerLayoffs, Severance and Other Questions
I have been doing a fair amount of writing lately on the subject of layoffs, severance and related issues. No wonder with unemployment reaching 8.5%. In addition to an upcoming article which will appear soon in the Daily Bankruptcy Review, I have also written a lengthy article on planning and communicating for layoffs that will appear in the Journal of Private Equity.
More than occasionally I am questioned by individuals regarding severance and layoff issues and I was recently quoted in the technology job board, Dice and also eFinancial Careers on individual options when negotiating severance.
There is a slew of other information out there from attorneys who represent individuals, including, for example, the Ottinger Firm right here in New York, which has a recent post on The Top Five Questions and Answers About Layoff and Severance. Since so many of us have been or know someone who has recently been or is about to be laid off, a little bit of knowledge may go a long way.
Full post as published by Strategic HR Lawyer on April 07, 2009 (boomark / email).
Response to Readers Questions Regarding Severance & Separation Agreements
Ritu Anand of GE India sent me the below questions concerning my October 28, 2007, post concerning severance and separation agreements. Hi Charles , Thanks for throwing light on this subject ! However, I have a few doubts and would appreciate if You could help resolve them: 1...
Is Severance Pay Deducted from Unemployment Benefits in Maryland
The answer: it depends. Here is a direct quote from the DLLR Employer's Quick Reference Guide (see page 19):The receipt of severance payments will not be deducted from . . . benefits if the individual?s job has been abolished through layoff, facility closure, etc...
Interesting Comment: Response to Readers Questions Regarding Severance & Separation Agreements
Sometimes a reader’s comment is so on target that it’s worth its own post. Fellow attorney Michael Moore of Russell, Krafft & Gruber, LLP, in Lancaster, PA, sent me the following comment concerning my December 2, 2007, post “Response to Reader’s Questions Regarding Severance & Separation Agreements...
Stigma Watch: Could Cravath Be Next For Layoffs Will They Pioneer Pay Cuts
Last week I suggested that the potent stigma preventing layoffs at top-shelf firms was melting away. Thinking about the Latham & Watkins layoffs, I wrote: Latham is so large and reputable, and these layoffs so public, that a good number...
Negotiating Severance Agreements: What Advice is Being Given to Employees
In this job environment, companies are tending to use severance agreements as a way to limit their exposure to lawsuits down the road, and part ways with employees on as amicable a basis as possible...
Clifford Chance Cuts 20 Litigation Associates
This just in from Clifford Chance: Today, according to a statement, the firm told 20 associates in the firm’s U.S. Litigation & Dispute Resolution practice, located in New York and D...
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