Here are five things to consider when signing your severance agreement, according to labor lawyers: 1. ... Consider what you are willing to give up in exchange for the severance payment.

Experts describe a typical severance package and how workers should negotiate. 24/7 Live Fresno County North Valley South Valley Foothills/Sierra. Welcome, Mickey. mickey@disney.com.

Therefore, if you have a practice of providing severance to departing employees, the employer is advised to review its severance agreement template for compliance with the recent decision of the NLRB.

If an agreement under that scenario did not otherwise comply with Section 409A, the parties may resolve the Section 409A concern by delaying the severance payment until 2013.

Severance packages are typically offered to employees who are laid off for business reasons. Employees should make sure these agreements also protect their best interests, lawyers say. Here's what ...

How to Write a Golden Parachute Severance Agreement. ... Parachute payments considered excessive incur an additional 20 percent excise tax owed by the recipient of the payment.

Here are answers to 5 key questions about the implications of the federal labor board’s decision to prohibit employers from requiring laid off workers to sign certain types of non-disparagement ...

"There's no such thing as a standard severance agreement," Blit said. Still, severance packages usually include some or all of a common set of offerings: financial payment, continued access to ...