Erik Peters - Anatomy of a Severance Agreement

Severance Agreements are tools often used by companies when ending a relationship with an employee. A separation agreement may be used to assist the employee in landing on their feet or because the company recognizes that there could be some risks related to the termination or because that’s just how the company has always operated. Regardless of the reason why a company chooses to offer a separating employee a severance agreement, understanding the terms that should be included in such an agreement and what rights or responsibilities those terms create is important. On this episode of HR Power Hour, join host Tawny Alvarez as she talks to Erik Peters, a Partner in Verrill’s Labor and Employment practice group about the use of severance agreements and the terms that are often included within them.