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Topic: Severance


In the News (Wed 15 Feb 12)

  
 HEFCE : Circular letters : 15/2003 - Severance payments for senior staff in higher education   (Site not responding. Last check: 2007-10-15)
We were particularly keen to ensure, in respect of severance packages for chief executives, that remuneration committees had followed good practice, that governing bodies had exercised reasonable discretion in their use of public funds, and that our guidance on severance had been followed.
Severance arrangements for senior staff are sensitive and sometimes difficult matters to discuss, negotiate and agree.
Severance settlements for senior staff must be reviewed by the institution's external auditors and assessed for reasonableness and compliance with this guidance.
www.hefce.ac.uk /pubs/circlets/2003/cl15_03.htm   (2642 words)

  
 Severance Pay Severance Agreement Employment Lawyer Chicago Illinois (via CobWeb/3.1 planetlab2.cs.virginia.edu)   (Site not responding. Last check: 2007-10-15)
Well, the severance agreement will provide the employer certain protections and it is always good policy for a company to give severance so that employees are not afraid that they could lose their jobs and start looking for another job just in case.
A severance agreement that simply provides the vacation pay is probably invalid because it does not meet the standards of a contract — that is you get nothing new for waiving your rights.
Nonetheless, because companies often use standard form severance agreements, provisions to comply with the OWBPA may be included in your severance agreement even if you are under 40.
www.madufflaw.com.cob-web.org:8888 /severance   (850 words)

  
 U.S. Department of Labor - Find It By Topic - Other Benefits - Severance Pay
Severance pay is often granted to employees upon termination of employment.
Severance pay is a matter of agreement between an employer and an employee (or the employee's representative).
The Employee Benefits Security Administration (EBSA) may be able to assist an employee who did not receive severance pay required in his or her employment contract.
www.dol.gov /dol/topic/benefits-other/severancepay.htm   (144 words)

  
 severance
SEVERANCE: I was born and raised in northern Michigan, Onaway.
SEVERANCE: I think there was a large portion that came from the area that I was from, that came to Flint, Pontiac, and Detroit.
SEVERANCE: Well, the only time I can remember anything like that, I can remember people saying was the only way to have a strike to keep them from taking our jobs was to have a strike and stay on their jobs so that nobody else could take ‘em.
lib.umflint.edu /archives/severance.html   (4693 words)

  
 Severance related issues. (Employee Benefit Plans)
In such a case, the determination of whether severance pay should be given to the employees of the acquired entity depends entirely on the seller's severance plan.
The severance issue is clouded by the fact that in some cases what is called or appears to be severance pay may actually be a salary continuation plan, exempt from ERISA.
Therefore, all severance plans that do not contain language giving the fiduciaries discretion to interpret and construe the plan should consider adopting such language to trigger a deferential legal standard.
www.nysscpa.org /cpajournal/old/15203136.htm   (1466 words)

  
 How to Collect Severance Pay in South Korea
Severance pay is paid at a rate equal to one average month's salary per year worked.
The first step is to approach your employer regarding your severance pay, and attempt to resolve any difficulties at an early stage in a friendly and professional manner.
Severance pay is the legal right of every full time employee in South Korea who completes one year of employment at an establishment employing more than six full time workers.
severancepay.freeservers.com   (1418 words)

  
 Severance agreement FAQ (via CobWeb/3.1 planetlab2.cs.virginia.edu)   (Site not responding. Last check: 2007-10-15)
If an employer creates a severance plan, the employees covered by the terms of the plan are entitled to the benefits that the plan provides upon the occurrence of the event that triggers benefits.
If your employer has a severance plan, you are entitled to a written summary description of it.
Employers who offer severance will typically provide one week per year of service to employees below the officer or executive rank, and up to a month per year of service to executives and officers.
www.fklaborlaw.com.cob-web.org:8888 /employment-severance-agreements.html   (733 words)

  
 Severance Payment   (Site not responding. Last check: 2007-10-15)
Severance is often obtained by incidents of "leverage".
Indeed, companies are more likely to be open to severance negotiations and provide severance where they perceive the terminated employee to be a risk.
You may then use that leverage to successfully negotiate a severance package which, most importantly, will provide you and your family the transition assistance necessary to move to the next step of your career.
www.kleinmiller.com /employment/severance.htm   (369 words)

  
 Caroline Severance
Caroline Severance credited her marriage with "freeing her from bondage to authority, dogmas and conservative ideas and for making of reformer of her." The Severance household in Cleveland became a gathering place for those involved in liberal causes.
In connection with her many New England friends, Severance developed a great love for the city of Boston and became convinced that Cleveland "did not offer the kind of companionship I craved." When her husband was offered a position in Boston's North Bank, the family led moved east.
Severance raised the social consciousness of the city with her tireless civic activity on behalf of free kindergartens, a training school for kindergarten workers and the city's first woman's club whose members campaigned for the establishment of a juvenile court system.
www.uua.org /uuhs/duub/articles/carolineseverance.html   (806 words)

  
 Severance Hall - Wikipedia, the free encyclopedia
Severance Hall is a major concert hall located in the University Circle district of Cleveland, Ohio and home to the Cleveland Orchestra.
Inside, Severance Hall is a mesh of numerous styles: the main foyer is a mix of Egyptian Revival and Georgian, while the ceiling and pillars of the auditorium are elaborately decorated with silver-painted Art Deco trappings.
During the scene, several landmarks of nearby Case Western Reserve University are visible, including the Thwing Center (the student union) and the Dittrick Medical History Center.
en.wikipedia.org /wiki/Severance_Hall   (564 words)

  
 Dallas Severance Lawyer - Severance Negotiation and Severance Package Review, Dallas Severance Attorney, Texas ...
You may negotiate your severance package yourself with the attorney in the background advising you on negotiation strategies and what you should say to maximize your benefits.  This minimizes confrontation and avoids burning too many bridges where maintaining positive relations is important in your industry.
The final option is simply pursuing the claim into litigation.  This greatly increases the value to your employer of settling the claim, but it also increases the likelihood that the employer will simply stand their ground and refuse you any benefits until well into the litigation process.
Severance packages are often given by employers in exchange for a release of claims.
www.texasemployeerights.com /Severance.shtml   (774 words)

  
 TimsLaw.com » Severance Agreements, Waiver of Rights, Separation Contracts - Tim's Missouri Employment Law Info ...
If the company has a standard, published, severance pay program, and the employer does not honor its obligations, then you may have an Erisa benefit problem.
The main purpose of Severance Agreements is to obtain a waiver of all your rights, so that you can’t sue the employer.
The employer, if it chooses to, can revoke the severance offer and there is not much you can do about it (except exercise such legal rights as you have, since you didn’t sign the waiver).
www.timslaw.com /severance-waiver-contracts.htm   (1892 words)

  
 Severance Agreement and Severance Pay Negotiations Legal Guide
From new hire employment agreements to severance pay and retirement packages, I was an eyewitness to employees being taken advantage of by corporations during the negotiation process at the time of being hired, fired, laid off, or retired,” stated Nemer, President and CEO of Career Protection™.
These employment agreements and severance packages would hurt their careers years later as the employees agreed to terms and covenants that decreased their financial future and restricted their careers.
"Many professionals have excellent opportunities to negotiate a severance package, but continue to believe that severance pay is a 'take it or leave it' situation and make the mistake of signing separation release agreements with restrictive covenants written by, and for, the company without even thinking about the impact on their future careers," Nemer states.
www.careerprotection.com /press.html   (1457 words)

  
 Northern Colorado Homes - Community   (Site not responding. Last check: 2007-10-15)
Surrounded by serene farms and ranch land, Severance hosts a handful of businesses, the most famous of which is Bruce's Bar.
Severance was founded in 1881 when David Edwin Severance of New Hampshire purchased 160 acres of land in the area, including the present town site.
Today, however, Severance is on the rebound and serves as a bedroom community to nearby Fort Collins, Greeley and Windsor.
www.coloradoan.com /nchomes/communities/severance/severance.html   (324 words)

  
 Severance Pay Severance Agreement Employment Lawyer Chicago Illinois
If you wish to leave a job, it is worth talking to an employment lawyer to see if a severance agreement can be negotiated.
Because companies seek to have employees waive rights in signing a severance agreement certain conditions must be met.
At Maduff and Maduff we have negotiated with numerous companies to increase the severance payments to employees on behalf of our clients.
www.madufflaw.com /severance   (847 words)

  
 Severance, Colorado - Wikipedia, the free encyclopedia
Severance is a town in Weld County, Colorado, United States.
Severance is famous within the region as the location of Bruce's Bar, a local watering hole founded in the 1950s.
It is also a noted gathering place for recreational motorcyclists within the region.
en.wikipedia.org /wiki/Severance,_Colorado   (616 words)

  
 Firing Employees - Severance Packages - Resources for Entrepreneurs - Gaebler Ventures - Chicago, Illinois
Although severance packages can't completely replace the loss of a job, they do go a long way toward mitigating its effect, at least until the employee can find a position at another company.
Since they aren't required by law, the severance package you offer your employees can be as comprehensive as you want it to be.
Although it isn't technically a severance benefit, your patience may be one of the most important things you can give displaced employees.
www.gaebler.com /Severance-Packages.htm   (690 words)

  
 Variety.com - Reviews - Severance
As the violence mounts, film's comic shock value comes as much from the way in which no cast member is spared as from what's actually shown onscreen.
In that respect, "Severance" is a long way from formula slasher fare.
One gag in particular, involving the gung-ho George and a rocket launcher, is a guaranteed roof-raiser for its sheer audaciousness and political cheekiness.
www.variety.com /review/VE1117931174.html?categoryid=31&cs=1&nid=2562   (744 words)

  
 Title 26 - §625-B. Severance pay
Any employer who relocates or terminates a covered establishment shall be liable to his employees for severance pay at the rate of one week's pay for each year of employment by the employee in that establishment.
The severance pay to eligible employees shall be in addition to any final wage payment to the employee and shall be paid within one regular pay period after the employee's last full day of work, notwithstanding any other provisions of law.
Any sums recovered by the director on behalf of an employee pursuant to this subsection shall be held in a special deposit account and shall be paid, on order of the director, directly to the employee affected.
janus.state.me.us /legis/statutes/26/title26sec625-B.html   (826 words)

  
 Severance Attorney reviews and negotiates severance agreements. (via CobWeb/3.1 planetlab2.cs.virginia.edu)   (Site not responding. Last check: 2007-10-15)
A recommendation will be made whether to accept the severance agreement or seek additional compensation and severance pay.
In addition, a lawyer will review the text of the severance agreement and make recommendations concerning burdensome terms and additional provisions which are favorable to the employee.
At workplacelawyer.com, you'll discover an easy to use, employment lawyer's web site who is a severance attorney.
www.workplacelawyer.com.cob-web.org:8888 /severance.html   (277 words)

  
 ▒ Severance Hospital ▒ (via CobWeb/3.1 planetlab2.cs.virginia.edu)   (Site not responding. Last check: 2007-10-15)
Severance Hospital was the founder of modern medical science in Korea with the establishment of Kwang Hye Won in 1885 by Dr. Horace N. Allen, missionary doctor, and has been serving the national health for the last 120 years as the leading organization among the medical institutions in this country.
In pursuit of the quality improvement of medical service through the specialization of medical examinations and treatments for the first time in Korea, Severance Hospital manages the Cancer Center, Rehabilitation Hospital, Cardiovascular Hospital, EYE & ENT Hospital, Child and Adolescent Clinic, Emergency Care Center, Diabetes Center, Allergy Clinic, and Stroke Intensive Care Unit.
In addition, Severance Hospital has created a new medical culture focused on customers through the investigation of a customer satisfaction survey, Quality Improvement(QI) Division management and Service Manual manufacture, following the first Korean promulgation of the 'Patient's Bill of Rights' in 1993.
www.severance.or.kr.cob-web.org:8888 /en   (175 words)

  
 Severance - Wikipedia, the free encyclopedia
Severance (album), the 2003 debut album of Australian melodic death metal band Daysend
Severance (film), the 2006 British horror comedy starring Danny Dyer, Laura Harris and Tim McInnerny
Severance (character), a monster from the Final Fantasy XI video game
en.wikipedia.org /wiki/Severance   (113 words)

  
 Severance (2006)   (Site not responding. Last check: 2007-10-15)
But unlike slasher movies with sophomoric scripts, this one get points for smart dialogue, strong political perspective and a high humor quotient.
Some, upon hearing the title "Severance," will think it a reference to loosing ones job.
Upon hearing it's a slasher film, one might think the reference cuts more towards Marie Antoinette.
www.imdb.com /title/tt0464196   (412 words)

  
 indieWIRE: Magnolia Strikes Again With Cannes Market Deal for "Severance"
Magnolia Pictures has announced a deal for U.S. rights to Christopher Smith's "Severance," a film the company first saw at the recent Marche du Film in Cannes.
Magnolia saw the film for the first time in Cannes, along with a number of other buyers and is understood to be eyeing an early 2007 release in the U.S., following fall festival screenings of the film.
"Severance had me alternately laughing my ass off and gripping the seat handles in suspense," said Magnolia Pictures president Eamonn Bowles in a statement.
www.indiewire.com /biz/2006/06/magnolia_strike.html   (583 words)

  
 severance - OneLook Dictionary Search
Severance, severance : UltraLingua English Dictionary [home, info]
Phrases that include severance: severance agreement, h craig severance, joan severance, sever severance, severance hall, more...
Words similar to severance: breach, break, rift, rupture, severing, falling out, more...
www.onelook.com /?w=severance   (240 words)

  
 Sample Contracts - Severance Agreements - Competitive Intelligence for Investors
Severance Agreement and Release - Cepheid and Catherine A. Smith (Aug 1, 2002)
Severance and Consulting Agreement - Hansen Beverage Co., Hansen Natural Corp. and Harold C. Taber Jr.
Severance Agreement, Waiver, and Release - Ladenburg Thalmann & Co. Inc.
contracts.onecle.com /type/38.shtml   (11506 words)

  
 ITworld.com - Just hired? Now is the time to talk severance
Unfortunately, even workers who are told to clear out without notice -- and without two weeks' extra pay in their pockets -- may not have a legal claim against their former employer.
The real shock for most workers, according to Loeb, is that they have no legal right to severance pay or advance notice of termination.
The WARN (Worker Adjustment and Retraining Notification) Act is available to those involved in a mass layoff, which is defined as 50 or more people being let go at a company with fewer than 100 employees.
www.itworld.com /Career/2044/ITW0321joch   (1121 words)

  
 Fort Collins Real Estate, fort collins property, find a new home in fort collins, new homes and property in fort ...
While Severance holds tight to its rustic roots and is best known for being the home of Bruce’s Bar, which is famous for its Rocky Mountain Oysters.
Both Severance and Eaton enjoy proximity to larger communities (Greeley is minutes away from Eaton and Windsor is close to Severance) that have every possible recreation option available including tennis, golf, baskeball, and baseball.
Health Care- Eaton and Severance are minutes away from Greeley, Ft. Collins, and Windsor and share in those communities excellent health care.
www.thegroupinc.com /relocation.asp?page=comm_severance   (477 words)

  
 Severance package for Bachli tops $2.6M - Sacramento Business Journal:
Departing Placer Sierra Bancshares CEO Ronald Bachli will receive benefits potentially worth more than $5 million over the next 10 years in connection with his severance from the local bank holding company, according to regulatory disclosures filed Friday.
Bachli resigned and retired Monday from the Sacramento-based company; Frank Mercardante was named as chief executive officer of the holding company and chairman and CEO of Placer Sierra Bank.
Bachli will receive a severance payment equal to his base pay of $600,000, along with a $125,000 payment in exchange for consulting services over the next six months; retirement benefits of $200,000 a year for 10 years, for a total of $2 million; and 125,000 stock options.
sacramento.bizjournals.com /sacramento/stories/2006/08/14/daily51.html   (415 words)

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