A severance agreement, signed by the employee, outlines the financial terms on which the employee will leave the company. A severance package can include payment, continuation of insurance ...

A reduction-in-force template will need to be completed by the department ... regulations at the end of the severance pay period. If agreement not signed coverage ends on the last day of the month of ...

Severance pay "is a matter of agreement between an employer and employee (or the employee's representative)," according to the Labor Department. The Worker Adjustment and Training Notification Act ...

We will monitor the progress of this bill. If it is enacted, we’ll be prepared to revise your template severance agreements and advise on best practices to comply with the new requirements.