(A) It is an unlawful employment practice for an employer or former employer to include in any agreement related to an employee’s separation from employment any provision that prohibits the disclosure of information about unlawful acts in the workplace. (B) A nondisparagement or other contractual provision that restricts an employee’s ability to disclose information related to conditions […]
Category: Severance Pay
The effect of severance pay on unemployment benefits in California
California Employment Development Department Severance Pay, Dismissal or Separation Pay Severance pay is not wages for unemployment insurance purposes. There is no specific code section in the California Unemployment Insurance Code which declares that severance pay is not wages. We cite Section 1265 when we state that severance pay is not wages. The authority for […]
IRC Section 409A as it applies to severance payments
A severance arrangement that provides for payments on involuntary separation from service is not deferred compensation when the payments do not exceed two times the lesser of (a) the sum of the employee’s annualized compensation based on the annual rate of pay for the calendar year preceding the year in which the employee separates from […]
Effect of severance pay on unemployment benefits (California)
Employment Development Department – State of California Severance pay is not deducted from unemployment insurance benefits and does not affect your eligibility to receive benefits. The method of payment, such as a lump sum payment or payments paid to you at regular pay period intervals does not change the nature of the payment. However, you […]
Severance agreement review
A severance agreement review is $450 payable by credit/debit card. Jeff Easley has reviewed hundreds of severance agreements and negotiated millions of dollars in severance pay and stock for executives and other employees. Email a copy of your employment separation (severance) agreement to support@jdelaw.com and we will contact you to schedule a 30-minute telephone consultation. […]