Questions Concerning Severance & Separation Agreements
One topic I get a lot of questions about is severance and separation agreements. Generally, severance refers to giving an exiting employee a monetary bonus or settlement above and beyond their regular compensation. A separation agreement usually refers to an agreement wherein the exiting employee promises not to sue, file a regulatory agency complaint, take [...]
The Cost Of An Employment Dispute & The Probability Of Getting Hit With A Complaint Or Lawsuit
At my 3 hour employment law seminar on 10/6, during the Chicago Business Minority Development Council and Chicago Minority Business Opportunity Center’s Corporate Bridges event, I provided participants with a 14 page handout which summarizes 55 federal, state (Illinois) and local (Chicago, Cook County) labor and employment laws. Additionally, my handout contains information concerning the [...]
