Many considerations play into final pay decisions. We will discuss issues employers should consider before terminating the employment relationship.

We will focus on final pay, including timing issues and key language in agreements that must be reviewed before terminating an employee. We will discuss the art of drafting severance agreements, considerations concerning benefits continuation, and unemployment in formulating a termination package.

The presentation will also outline best practices and different approaches to conducting the termination meeting.What You'll Learn:Final Pay

• Timing
  
• Payout of Vacation/Sick Leave
  
• Bonuses
  
• Expenses
  
• Benefits
  
• Termination Documents

Severance Pay

• Consideration
  
• Review and Revocation Periods
  
• Tax Considerations
  
• COBRA Reimbursement
  
• Impact on Unemployment Insurance

The Termination Decision

• Alternatives to Termination
  
• Common Mistakes Employers Make
  
• Questions to Ask Prior to Termination

Delivering the News

• Termination Meeting
  
• Coordinating Final Pay
  
• Post-Termination Considerations