Severance agreements can be worthwhile when cutting ties to a team member, but employers need to be careful with the terms and cognizant of applicable laws.
Have you ever terminated an employee? Whether the act was related to performance, a practice reorganization or another issue, navigating the process can be challenging. In these situations, a severance agreement can be a helpful tool for employers, but many don’t understand how or when to use them.
Holland & Hart’s Nicole Snyder provides answers to eight commonly asked questions about severance agreements in the article titled “Ready for departure,” published by Today’s Veterinary Business in its June 2019 Legal Lingo column.
To read the full article, click here.
Nicole Snyder is a partner at Holland & Hart and the Animal Health and Pet Products Industry Group co-chair, where she advises clients on mergers, acquisitions and complex employment matters. She is a member of the American Veterinarian Medical Law Association.