Tag: Severance

CBA RECORD REVIEW OF THE SAVVY EXECUTIVE: THE HANDBOOK COVERING EMPLOYMENT CONTRACTS, COMPENSATION, EXECUTIVE SKILLS AND MUCH MORE

Gratified to see Judge E. Kenneth Wright, Jr.’s review of my book, The Savvy Executive, for the Chicago Bar Association’s magazine, CBA Record.          – – Judge E. Kenneth Wright, Jr., Editorial Board Member, writes: “If you represent corporate executives, or professionals, you should read The Savvy Executive by savvy Chicago corporate… Read More CBA RECORD REVIEW OF THE SAVVY EXECUTIVE: THE HANDBOOK COVERING EMPLOYMENT CONTRACTS, COMPENSATION, EXECUTIVE SKILLS AND MUCH MORE

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TO GIVE SEVERANCE PAYMENTS OR TO NOT GIVE SEVERANCE PAYMENTS, THAT IS THE QUESTION

Severance payments are pragmatic. Employers ought to consider allowing for severance payment and neutral letter-of-reference provisions in their separation agreements where there is no employee misconduct.  These provisions often generate goodwill from a departing employee, thereby reducing lawsuits, and the provisions can also be used to bind an employee to confidentiality, non-disparagement, and non-compete obligations. … Read More TO GIVE SEVERANCE PAYMENTS OR TO NOT GIVE SEVERANCE PAYMENTS, THAT IS THE QUESTION

G. A. Finch2 Comments