Contrary to popular belief, employers are not obligated to provide severance pay upon an employee’s termination of employment due to a layoff. If an employer does choose to provide severance pay, it should be accompanied by a severance agreement. The most important provisions in a severance agreement are those regarding payment, non-competition, and the release [...]
Workplace safety is a serious issue for all companies. For some jobs there are extreme risks involved everyday. This can be scary for employers because of potential liability. Worker’s Compensation Laws have been in effect for nearly a century, but few employers fully understand them. In Michigan, Worker’s Compensation Laws have five major features: (1) [...]
Our current economic tough times may require businesses to take drastic actions to cut costs, including laying off employees. Legal claims by unhappy former employees inevitably increase when the economy is bad and they cannot easily find new jobs.
On February 17, 2009, in an effort to ease the financial burden on so many Americans who have been recently laid off, President Obama signed into law the American Recovery and Reinvestment Act of 2009 (“ARRA”). Under ARRA, employees “Involuntarily Terminated” from their employment (and other qualified beneficiaries) anytime from September 1, 2008 through December [...]
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