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According to the Department of Labor, (DOL) 5.1 million jobs have been lost since the recession began in December 2007—with nearly two-thirds (3.3 million) of these loses taking place in the last 5 months.
Recent IOMA research has found that while nearly half of all companies offer severance pay to select groups, a shocking one-third report that they do not give any severance at all.
In today's difficult economy, it's clear that responsible companies must have a formal, legally-sound severance policy to handle layoffs of even a few employees.
But what and how much should you offer, to whom, and for how long? Find out by ordering your copy of this timely IOMA webinar today.
Best-selling webinar recording now available:
HR professionals know that dealing with severed employees is an unfortunate fact of life, but how you handle this situation can make all the difference.
A formal severance policy can do more than reduce the stress of departing employees—it promotes a sense of commitment and equity among your current employees, and can protect your organization from lawsuits.
Since there's no telling when your severance policy will be needed, the best time to update it is NOW.
Why not order this fast-paced webinar recording that examines both the legal and human aspects of this tough topic?
In just 90 minutes, you'll learn:
Your purchase includes the original presentation—AND the Q&A session with our speakers. What are you waiting for? Order now for just $275!
System Requirements: to access this recording, you must have Windows Media Player, Version 9 or higher.
Robert Jones, CEO
Robert Jones is the CEO of Innovative Compensation and Benefits Concepts, LLC - an independent and objective consulting firm that specializes in representing Compensation Committees as an independent and knowledgeable advisor, developing Total Reward retention strategies, achieving better alignment of Human Resources programs with a Company's business strategy, designing more effective and competitive Compensation and Employee Benefit plans and acting as an independent ombudsman and third party opinion source.
Phil Davidoff, Partner
Phil Davidoff represents management in employment law matters, including claims involving discrimination, sexual harassment, wage & hour laws, family and medical leave laws, breach of contract, restrictive covenants and common law torts. He has defended litigations in federal and state courts and administrative agencies across the United States, as well as in arbitrations before the National Association of Securities Dealers and the American Arbitration Association. He also regularly counsels employers on all aspects of employment law and workplace issues.
He has practiced employment law in New York for over 10 years and has significant experience in employment law matters including developing workplace policies and presenting management and other training programs. He is a contributing author and featured expert in a number of publications and newspapers including The New York Law Journal, Forbes Magazine and The Miami Herald.
Phil is admitted to practice in New York State. He is a member of the New York State Bar Association's Labor & Employment Law Section.
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