News & Events

News & Events

6.8.2010

Cash for Clunkers — Severance Agreements for Underperformers

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A framed quote in my office reads, “Irish Diplomacy: The ability to tell someone to go to hell in such a way that they look forward to making the trip.”

How do you terminate underperforming employees so that they look forward to making the trip?  It’s not easy.  Employers generally have no obligation to offer severance.  But, if you are offering a severance package, you may be missing opportunities and creating unanticipated risks.  View full article (PDF).

This article first appeared in BUILDERnews magazine.