Sentences with phrase «of severance packages at»

(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.

Not exact matches

The attack comes just days after a separate incident involving union workers at a soon - to - be shuttered Goodyear plant in the French town of Amiens, who held two executives hostage as they sought to negotiate bonus and severance packages.

The IMF now faces a challenge that keeps members of corporate compensation committees up at night: explaining why they may have to pay a handsome severance package to an indicted executive.

Standard severance packages range from 1 - 3 weeks per year you've worked plus 2 - 3 months of base salary according to the WARN Act for employees at larger companies.

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.

It took me about three months of spending at least five hours a day writing my 100 - page severance package negotiation eBook.

WILMINGTON, Del. / NEW YORK (Reuters)- The IMF now faces a challenge that keeps members of corporate compensation committees up at night: explaining why they may have to pay a handsome severance package to an indicted executive.

I'm not sure what to do but I know of a small church that is being sold and the pastor not only will keep all the proceeds $ 750,000 but a handsome severance pay package and a guaranteed new job at the church making the purchase, this is a pastor that let the congregation die and got the family and friends left over to vote to ok this...

As well as being one of the spads given an enhanced severance package, he saw his salary jump from less than # 58,200 in 2014 to # 72,000 in 2015 — an increase of at least 24 per cent.

The board was accused of handing its executive director a lucrative severance package at the beginning of the year — a so - called Golden Parachute should he be pushed out by the new Democratic - controlled leadership team.

The chairman of the BBC Trust said criticising the Commons» influential public accounts committee was «the equivalent of swearing in church» - before mounting an uncompromising attack on MPs» report into severance packages at the BBC.

And again, going back to your — Andy can answer some of the specific questions on the finances, but again, the severance package may or may not be payable at all by the Avigen shareholders.

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.

While offering the traditional severance packages many firms have provided to downsized associates and deferred start dates for new first - year associates, Mayer Brown is now offering placement for some of its associates to work in - house at corporate clients at a reduced salary of $ 60,000 a year — or $ 100,000 less than their starting salary.

A severance package is binding agreement between an employer and its ex-employee that detail specific terms, conditions and obligations that come into effect at the conclusion of the employment relationship.

Our Employment Group also represents individuals and has extensive experience negotiating and counseling Executives and Companies on important employment issues, including the negotiation of Executive employment agreements and severance packages at the outset of the Executive's Employment.

As to the cost of retaining a lawyer to review a severance package and provide an opinion on whether the offer is fair and reasonable or not, the cost will vary on a number of factors, including whether you signed an employment agreement at the time you were initially hired or during employment.

At Zeilikman Law we are often confronted with the following situation: an employee has just been dismissed by their employer and as part of their termination they have been offered a severance package.

Even though Virginia is an «employment - at - will» state, employers sometimes offer severance packages to avoid the cost of potential litigation.

All those affected are being offered severance packages of six months pay, capped at $ 100,000, and six months medical coverage.

The employer had a practice of hiring unionized employees for its non-unionized supervisory and managerial positions, and offering them severance packages at the time of hiring equivalent to one month per year of service, to a maximum of 18 or 24 months, depending on the position.

Two employees — Mr. Jylha and Mr. Aubrey — argued they had been orally promised severance packages of 18 months on retirement at the time they were hired into non-unionized positions, that the promises constituted express terms of their employment contracts, and that they had been wrongfully denied the severance packages when they retired.

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 severance package that your company has provided for you during this transition is aimed at instilling a confident hope as we work toward providing you with an exceptional resume and a host of other necessities that you will need to utilize on your job hunt.

I managed to negotiate a severance package worth six years of living expenses (3 years of salary) after working at my firm for 11 years.