Sometimes, when you are about to lose your job, your employer may offer you a “severance” package or “separation” package – an amount of money that is meant to temporarily offset your job loss. None-Compete Clause A non-compete clause prevents you from competing with your previous employer in the same type of business. These clauses Read more…
Health Benefits When Employment Ends – COBRA
Health benefits after employment COBRA Insurance Are you familiar with cobra insurance? Many employees covered by health insurance plans can continue to get health benefits for a limited time after they lose their jobs. That right comes from a federal law called the Consolidated Omnibus Budget Reconciliation Act (“COBRA”). Any company with 20 or more Read more…
Unemployment Insurance
Unemployment insurance is just like auto or home insurance – except that your employer (not you) pays the insurance “premiums” to a state agency that makes payments to you when you lose your job. If you lose your job – and it wasn’t your fault – you might be able to collect money through your Read more…
Wrongful Termination – Employee Rights
There is almost nothing worse than getting fired from a job. If you’ve been “wrongfully” fired, you might consider suing your employer. Some employees have long-term contracts that prevent employers from firing them whenever they like, but most employees are “at-will” employees, who can be terminated for no reason at all. Even at-will employees, however, Read more…