December 7, 2017

executive severance agreement

Big Payouts for Getting Fired: Understanding Executive Severance Agreements

When employees are caught engaging in illegal or improper behavior, their employers usually fire them. But sometimes, in addition to getting fired, the employee may also get a big payout, in the form of a significant amount of severance pay. Why would a company pay someone for doing something inappropriate? This seemingly illogical scenario generally

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