Separation Agreement: Outplacement and Office/Support Services
12/14/2014 // Dallas, Texas, United States // Attorney Keith Clouse // Keith Clouse // (press release)
When an executive’s employment relationship ends, he is likely to enter into a separation or severance contract describing the parties’ agreement regarding his separation. Many executives focus–rightly so–on the money terms of these separation agreements. But, as Dallas executive employment lawyer Keith Clouse points out, an executive can often negotiate other points as part of his exit package.
Two such areas concern outplacement services and office/support services. Many employers will agree to pay outplacement services fees, up to a set dollar amount. In a sluggish economy, outplacement services provide an important benefit to a departing executive, especially if the executive has not been in the job market for a long time. An executive may also negotiate for the use of office and support services for a set time period. This includes the use of an office with telephone and computer access, secretarial services, and other office support services. This enables the executive to convey the message to potential employers that he is looking for a job while still employed or, at the very least, that his separation is on good terms.
This article is presented by the Dallas employment attorneys at Clouse Dunn LLP. To speak to an employment lawyer about a separation agreement, send an email to [email protected] or call (214) 239-2705.
Address: 1201 Elm Street Suite 5200 Dallas, Texas 75270 – 2142