A severance agreement is a contract between an employer and an employee. In most situations, the employee will be giving up his or her right to sue the employer and the employee will be provided additional compensation, benefits or other consideration for giving up this right. The employer and employee...
Understanding Unemployment Claims
The Unemployment Compensation Law in Minnesota: An employment separation situation is when an individual’s employment ends for any reason such as lack of work, voluntary quitting or a termination. In order to obtain unemployment insurance you must apply for it on line with the Minnesota Unemployment Insurance Program, www.uimn.org. If...
What You Need to Know Before Signing A Severance Agreement
Have you been laid off or terminated from your job? Many employees will experience this sometime during their working career. Good employers provide employees with notice that the employee isn't meeting the employer’s expectations. The employee is given a performance improvement plan or progressive discipline and time to correct their...