Sentences with phrase «of a severance package»

They said that as part of their severance packages, they had to sign agreements not to criticize the company publicly.
More often than not, dismissed employees and their former employers disagree on the magnitude of the severance package offered.
He has negotiated hundreds of severance packages on behalf of clients.
In the case of termination without cause, the employee is generally entitled to notice or some sort of severance package.
Call us, we assist employees with typical severance packages, standard or common severance packages, executive severance packages, voluntary severance, and all forms of severance package negotiations.
However, the terms of a severance package will be specific to you.
If the company decides to let an employee go, which we will cover in more detail in the next section, you need to define what kind of severance package they will receive.
The goal of a severance package is to help you meet your temporary financial needs following a termination.
The point of this post is to canvas how settlement dollars can be stretched to maximize the value of the severance package.
In fact, senior employees who are considering receipt of a severance package can ask their employer.
If you were terminated with or without severance you should meet with our lawyers, each of whom have reviewed thousands of severance packages and are adept at negotiating various improvements.
This is particularly the case when a letter of reference is withheld as a negotiating tool or bargaining chip in exchange for acceptance of a severance package.
Pretty soon, by the time all of that takes place, you will be near the end of living off of your severance package.
As part of a severance package, these individuals are being given the opportunity to advance their careers by receiving relevant advice and feedback moving forward.
If you have some sort of severance package this can be a time to make more money than ever.
When one of the co-founders arrived to break the news at the company's office in Pune, a city near Mumbai, he was taken hostage by angry employees who demanded immediate payment of severance packages, technology news site MediaNama reported.
Wilson remained on AECL's payroll for six months and in the end he received the full amount of the severance package originally offered.
I was fortunate to be assigned Daniel Chodos to handle the review of the severance package offered by my former employer as a result of an internal restructure in late 2014.
The cash was part of a severance package from health - care - union giant SEIU 1199, for whom Gaspard previously worked as political director.
(WBEN) Inspired by a «Golden Parachute» deal for the current Erie County Water Authority Executive Director who is likely to lose his job soon because of a change in political patronage power, Assemblywoman Monica Wallace is calling for a limit on these types of severance packages at authorities...
(WBEN) Inspired by a «Golden Parachute» deal for the current Erie County Water Authority Executive Director who is likely to lose his job soon because of a change in political patronage power, Assemblywoman Monica Wallace is calling for a limit on these types of severance packages at authorities across New York State.
Second, don't just volunteer; find out the specifics of the severance package from someone with authority to tell you (don't rely on rumors, because they can be wrong, or they might be offering different packages for different roles or levels of seniority, and you want to make sure you have your information right).
None of these severance packages were discussed with or approved by the Board of Directors.
«It dwarfs anything we've even seen... one year's bonus for each year worked,» Cuomo said of the severance package on an afternoon conference call regarding the investigation.
One of the first to get the axe is risk management executive Eric Dale (Stanley Tucci), who's more concerned with the work that he's leaving behind than the details of his severance package.
Another way to get the most of a severance package is to transfer the severance to an RRSP (Registered Retirement Savings Plan).
Given the discontinuance of severance packages and fixed incomes, without a representation order former employees and retirees have no ability — either individually or collectively — to pay for the professional representation necessary to represent their interests and have their voices heard in the CCAA proceedings.
If you have concerns about a recent wrongful dismissal, any form of discrimination, breach of a contract or non-payment of a severance package, contact me immediately.
You have the right to ask your employer for some time to review a severance package, and you have other underlying legal rights that may not be served by the current draft of your severance package.
The employer would have the right to take the position that it had after acquired cause to terminate the accountant's employment for cause and seek the return of the severance package provided to the former employee.
To that end, it is notable that the employer abandoned its appeal of the severance package worth $ 169,800 awarded to Mr. Jylha.
advice on service and employment contracts, structuring and documentation of severance packages, resolution of pay equity issues and handling of freedom of information requests
The fee for outplacement services is generally paid by an individual's former employer as part of a severance package following termination.
He said the state governor, Mr. Ayodele Fayose, gave the order for the immediate payment of the severance package to the affected officers during a meeting he held with them on Monday.
However, the AECL continued paying Mr. Wilson for roughly six months, receiving the full amount of the severance package that AECL had originally offered to him despite not signing the release.
The former editor of the News of the World was given hundreds of thousands of pounds by News International [NI] as part of his severance package — reportedly the most generous possible — and maintained his private healthcare insurance and his company car.
On a frequent basis Sophie advises on terms of severance packages, including enforceability of covenants, on behalf senior of employees and employers.
Another important part of a severance package these days is health care.
Even if you have health insurance through a current or former employer or as part of your severance package, you should still check to see whether you need to sign up for Medicare.
In our situation, the lady was able to keep her severance package while at the same time paying her creditors a monthly amount over a longer period of time (36 months in this case) which in total was greater than the amount of the severance package.
As part of the severance package, the Firm is offering health care coverage that will be paid by the Firm through June 30, 2009.
Canac Kitchens had not provided Mr. Olguin with long term disability coverage as part of his severance package.
Do not be one of those employees who blindly accepts their employers» first offer of a severance package.
The employer provides the dismissed employee with a termination letter that provides an offer of a severance package.
Because Mr. Aubrey had retired rather than involuntarily left, the payment of the severance package was never triggered.
Take advantage of outplacement services offered as a part of your severance package.
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