Pdf The Dorsey Employment Law Guide To Reductions In Force Layoffs Pla
David E. Schwartz Anne Villanueva Jeffers Reductions in force (RIFs) are making headlines as companies trim their worker ranks in the face of a weakening economy. Employers must decide whether to implement voluntary or involuntary RIFs (or both); the considerations for each vary greatly. We take a high-level look at the options, next steps and other considerations for companies anticipating downsizing. Voluntary RIFs include offering current employees severance pay or “buyout” programs, early retirement packages, job sharing agreements and/or reduced workweeks.
If the employee does not voluntarily agree to accept the offer, he or she can continue working, unless the employer also conducts an involuntary RIF. Why voluntary RIFs? These types of reductions may make it easier for employers to obtain releases of claims from employees in return for separation payments or benefits they would not be entitled to otherwise. What releases of claims entail. To be valid, an employee release of claims must be (among other things): Before implementing a layoff or reduction in force (RIF), review the process to determine if it will result in the disproportionate dismissal of older employees, employees with disabilities or any other group protected by...
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David E. Schwartz Anne Villanueva Jeffers Reductions In Force (RIFs)
David E. Schwartz Anne Villanueva Jeffers Reductions in force (RIFs) are making headlines as companies trim their worker ranks in the face of a weakening economy. Employers must decide whether to implement voluntary or involuntary RIFs (or both); the considerations for each vary greatly. We take a high-level look at the options, next steps and other considerations for companies anticipating downsi...
If The Employee Does Not Voluntarily Agree To Accept The
If the employee does not voluntarily agree to accept the offer, he or she can continue working, unless the employer also conducts an involuntary RIF. Why voluntary RIFs? These types of reductions may make it easier for employers to obtain releases of claims from employees in return for separation payments or benefits they would not be entitled to otherwise. What releases of claims entail. To be va...
This Process Can Be Complicated. You May Want To Consult
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