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To help dull the pain of a layoff, many employers offer severance packages to workers. There’s often no legal requirement for companies to offer these parting gifts, but they serve a couple of ...
“Before you begin negotiating, make sure you understand the terms of the severance package being offered, including the length of the payout, any benefits that will continue and any restrictions ...
Losing your job can be one of the most difficult challenges you have to face in life, but negotiating a good severance package can help you get back on your feet.
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The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [1]
The agreement improved players' benefits by implementing a new severance pay benefit, increasing minimum salaries for players in all years of service, and adding new medical rights for players. The agreement also included a revamped season schedule for 1982, which had a nine-game regular season and a new playoff format which allowed 16 of the ...
Don't get mad, get severance! Who isn't upset when they hear the news that they're being laid off? Instead of getting angry and storming out, or going quietly into the good night, the best thing ...
Unions, the great negotiators of wages and benefits and the guarantors of severance pay, became enemy combatants. And eventually, employees themselves became liabilities. “Corporations decided that the fastest way to a higher stock price was hiring part-time workers, lowering wages and turning their existing employees into contractors ...
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