Sentences with phrase «of severance packages on»

He has negotiated hundreds of severance packages on behalf of clients.

«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.

Not exact matches

Gelsinger won't share specifics on the packages offered to the workers who were let go, but a VMware spokesperson says that their severance included an undisclosed period of full pay and benefits, a lump sum payment based on years of employment, and outplacement services.

Maybe all I have to do is become a more public figure and get on Bloomberg or CNBC to talk about escaping the rat race, entrepreneurial life in Silicon valley, negotiating a severance package, retirement planning, or the myriad of personal finance topics to surpass LearnVest's traffic.

She explained that the company would keep him on until the end of the month and then provided details about the severance package.

If the board had taken on the fight and terminated him, they might have saved the millions of dollars he received in a severance package — provided they prevailed.

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.

The suit charges that Espada spent hundreds of thousands on sushi, campaign literature and family trips, and even granted himself a multi-million dollar severance package.

(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.

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.

It's also worth nothing that almost no one has no other source of income in the year, so the marginal tax rate on the severance package is likely to be higher than if you had no other income in the year.

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.

Paul has published and presented research on a number of employment law topics, including employee privacy, workplace accommodation and severance packages.

Before the severance package was accepted, the employer discovered additional misconduct on the employee's work computer relating to conflicts of interest as well as a breach of the company's pornography policy.

By: Whitten and Lublin Category: Employment Contracts, Reasonable Notice, Resignation, Severance Packages, Wrongful Dismissal Comments Off on Anything goes in employment contracts — Beware of dangerous terms

By: Whitten and Lublin Category: Constructive Dismissal, Employment Contracts, Reasonable Notice, Severance Packages, Wrongful Dismissal Comments Off on Court's judgment a sign of the times

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.

After affirming the trial judge's decision that Mr. Allen was actually terminated on October 14, 2009, the Court of Appeal for British Columbia cited with approval the decision of Bowes v. Goss Power Products Ltd., 2012 ONCA 425, (canvassed by this blog in the post Fix the Duty to Mitigate) in which the Court of Appeal for Ontario held that if an employment contract provides for a fixed severance package there is no duty on the employee to mitigate his damages, and held that as Mr. Allen's employment agreement did not impose a duty to mitigate, the trial judge properly found he was therefore entitled to the balance owing for 15 months» salary and benefits in lieu of notice as damages for breach of contract.

By: Whitten and Lublin Category: Employment Contracts, Non-Competition Agreements, Non-Solicitation Agreements, Reasonable Notice, Severance Packages Comments Off on Beware of employment contracts

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.

Most employers count on the fact that the vast majority of dismissed employees will accept the first severance package offered.

Depending on the circumstances and the specific goals of the employer, the most cost effective strategy to deal with an incompetent employee might be to immediately dismiss the employee without cause and provide the employee with a severance package.

By: Whitten and Lublin Category: Cause for Dismissal, Damages for Bad Faith, Mental Distress and Personal Injury, Human Rights and Discrimination, Reasonable Notice, Severance Packages, Unionized Employees & Duty of Fair Representation Complaints, Wrongful Dismissal Comments Off on Wrongful Dismissal not clear cut

By: Whitten and Lublin Category: Reasonable Notice, Resignation, Severance Packages, Unionized Employees & Duty of Fair Representation Complaints Comments Off on Mistake resignation and pay the price

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.

In a judgement released in April, the Court of Appeal held that the trial judge erred by finding that the employer had promised Mr. Aubrey that the severance package was payable on retirement, as opposed to only on termination.

HVC argued, based upon the testimony of Mr. Aubrey and Mr. Matthews (HVC's human resources representative), that human resources had merely promised a «severance» package — there was never an express promise any payment would be made on retirement.

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.

On a frequent basis Sophie advises on terms of severance packages, including enforceability of covenants, on behalf senior of employees and employerOn a frequent basis Sophie advises on terms of severance packages, including enforceability of covenants, on behalf senior of employees and employeron terms of severance packages, including enforceability of covenants, on behalf senior of employees and employeron behalf senior of employees and employers.

He advises on certification, negotiation, application and interpretation of collective agreements, grievances and arbitrations, labour standards, industrial accidents and occupational diseases, health and safety, recourses pertaining to labour law (such as injunctions, evocations, complaints), employment contracts, dismissals and severance packages, human rights and freedoms, pension plans and fringe benefits, access to information and decrees.

advice on service and employment contracts, structuring and documentation of severance packages, resolution of pay equity issues and handling of freedom of information requests

In this edition, we focus on how to navigate the loss of a job and ensure that you receive a fair severance package.

Wilson remained on AECL's payroll for six months and in the end he received the full amount of the severance package originally offered.

If you have lost your job for any reason, were accused of misconduct, have questions about severance packages or received an employment contract or an agreement containing any release clauses Whitten and Lublin Belleville can help review your documents and advise you on how to proceed to protect and enforce your legal rights.

By: Whitten and Lublin Category: Cause for Dismissal, Reasonable Notice, Severance Packages, Wrongful Dismissal Comments Off on The ins and outs of job Severance Packages, Wrongful Dismissal Comments Off on The ins and outs of job severanceseverance

Our firm represents both employee and employer clients on a wide range of matters dealing with disputes in the workplace such as employment contracts, terminations, resignations, harassment, severance packages, contract employees and more.

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.

Or, they knew they had a certain amount of time on their severance package, and thought they could do the resume themselves, but as the deadline looms for the end of any benefits (like severance pay, unemployment, etc.) they realize their self - written resume is not doing the trick.

Job search today is a new experience for many, from the twenty - something 2013 grads looking to land their first full time job, to the mid-career professional whose job was outsourced a few months ago, to the VP level professional who just got caught in a corporate downsizing and was given a severance package replete with a boilerplate resume, generic advice on looking for a job and a desk and use of the phone for 120 days in the outplacement company's office.