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Compensation Clawbacks
In light of recent events in the financial markets, employers are exploring the use of "clawbacks" to recover bonus compensation payable to employees. Clawbacks are contractual provisions that allow employers to recoup compensation paid to employees in the event of an employee's misconduct and/or termination of employment, or voluntary departure to go and work for a competitor. There are special legal issues that may arise in drafting, negotiating and enforcing such clawbacks that employers need to be aware of to ensure compliance.

Other voluntary departure Related Articles

“Strategic Business Tips On How To Deal With The Departure of Key Executive, From Your Strategic Thinking Business Coach”
One of the events that occurs in business is the departure of a key executive. This has the potential to be very disruptive and can have a significant emotional impact on employees. So how do you deal with these feelings? Your strategic thinking business coach has some tips on how to deal with the departure of a key executive.

Lesson #5: Pride Can Power Your Company
“I’m a nationalist who believes huge opportunities are lost with every head office departure,” says Schwartz. “We need to make things easier for Canadian-based companies. And I’m not talking about a lower dollar. That just sells our labour cheap.”

Living a Life of Voluntary Simplicity
We've all heard of "simple living," and we see the magazines and the news articles and the web sites. I often advocate what I call "voluntary simplicity," by which I mean determining what's important to you and designing a life in support of your values and beliefs.
Dealing with Employee Terminations
Make sure you set a time table for the departure of your employee. Allowing someone to linger who is unhappy and who produces poor work will continue to be detrimental.

Compensation Clawbacks
In light of recent events in the financial markets, employers are exploring the use of "clawbacks" to recover bonus compensation payable to employees. Clawbacks are contractual provisions that allow employers to recoup compensation paid to employees in the event of an employee's misconduct and/or termination of employment, or voluntary departure to go and work for a competitor. There are special legal issues that may arise in drafting, negotiating and enforcing such clawbacks that employers need to be aware of to ensure compliance.

Self-Determination/Self-Affirming Beliefs
Free will is "the power or discretion to choose; free choice." It is the belief that man's choices ultimately are or can be voluntary, not determined by external causes.

No One Should Be Indispensable... So Plan For the Unexpected
Recently, a client called me in somewhat of a panic mode. It seems that a key designer in their engineering firm had arrived that morning, sat down across the desk from her boss, and tendered her resignation... effective immediately! Could they prevent the departure? Should they sue? What else could they do?

Flexibility---Increasingly Important Benefit
New study finds that the stronger the culture of flexibility, the lower the voluntary turnover rate.
Six Solution Steps to Employee Retention
What's your organization's turnover or churn rate? Has it increased over the last 18 months? If you are like 40% of firms surveyed, you too have noticed a significant up tick in voluntary resignations.

Strong Leaders are Strong Communicators
It was the dead of winter in the middle of a very cold snap. As we approached departure time, judging by all the activity outside the plane, we weren't likely to leave on time. In a few minutes the captain announced, "You can see a lot of activity on our left wing. This is a maintenance crew trying to replace a defective fuel pump. We find it's best to fix a problem like that on the ground before we're in the air. The good news is that there is another fuel pump available here at the airport. The bad news is that it will delay our departure by about 30 minutes."
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