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severance pay Tagged Articles
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US Court of Appeals Rules on FMLA Waivers
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| Summary of US Court of Appeals ruling that forbids the waiver of rights under the FMLA, including in releases signed in exchange for severance pay. |
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Labor's Ten Minimum Standards
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| Federal Labor’s plan for a new industrial relations system includes a significant expansion in the number of minimum employment standards. At the time of the Workchoices changes in March 2006, the previous government introduced employment standards into federal law regarding hours of work, annual leave, personal/carers leave and parental leave.
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Other severance pay Related Articles
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Severance and Separation Agreements
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| One topic I get a lot of questions about is severance and separation agreements. Although there's a distinct difference between the two, and some overlap, with some guidance the costs and benefits of both types of agreements can be understood and used to a business' advantage. |
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Decreasing Labor Costs Without Layoffs
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| At a time when the nation’s economy is softening, and perhaps worse, many entrepreneurs are considering layoffs as a way to cut costs. But eliminating jobs does not always result in immediate cost-savings. There are often severance packages to finance and unemployment benefits to cover. In addition, the morale of the employees left behind always suffers.
There are ways to decrease labor costs that can save jobs, however. And, in many instances, these strategies can save money immediately, keep unemployment insurance rates down, improve or at least maintain employee morale and save jobs. |
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Questions Concerning Severance & Separation Agreements
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| General analysis concerning severance and separation agreements from a business owner's perspective. |
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More Questions Concerning Severance & Separation Agreements
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| A reader asks me more questions based on my prior article regarding severance and separation agreements. |
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US Court of Appeals Rules on FMLA Waivers
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| Summary of US Court of Appeals ruling that forbids the waiver of rights under the FMLA, including in releases signed in exchange for severance pay. |
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Helping Staff Recover After A Layoff
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| Layoffs are wrenching for companies in many ways. First, there is the sobering reality that layoffs are necessary for the bottom line. Next come the anguishing decisions about what areas to cut, followed by the unpleasant task of sharing the news. No wonder company leaders want to wash their hands of this matter once they hand out the severance packages. |
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Negotiating Your Severance Package - Should You?
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| Given that the economy is not as strong as it could be, many companies are looking at layoffs as
an option that will help them to stay in business. No matter how great you are at your job, there
is a risk of the company eliminating your position - and if that happens, it’s likely that they
will offer you a severance package. Before you really start thinking about negotiating a severance
package however, there are a couple of things to consider. |
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