Separation
Earlier this year, I gave a 2 hour training session for a Chicago-based nonprofit. The training concerned progressive discipline and discharge. As typical with most of my training sessions, Q & A and role playing were emphasized. The session was conducted for middle and senior managers with supervisory responsibilities. The training also included a handout [...]
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." Chuck: The strength of a severance agreement containing [...]
Kate Plourd of CFO Magazine recently interviewed me for her December story “Thank You, and Good Night! How to make a graceful exit when you resign.” Also, I was quoted in her article. The article is below. The part where I’m quoted is highlighted. You can also access a PDF version of it here. Thanks [...]
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. What is the guarantee that the exiting [...]
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 [...]
