There may be various reasons why organizations update or create a formalized severance plan. When referring to a severance plan, we mean a payment provided to an employee, or a group of employees, that are involuntarily terminated due to a reduction in force/downsizing, change in company direction, job elimination, or termination due to unsatisfactory performance. Typically, the top five reasons for creating or updating a severance policy are:

Needless to say, it can be difficult to fully understand all of the talk about Healthcare Reform and the regulations that are coming out of it. As an employer, you've probably found yourself asking "what are my benefits options?" If you've found yourself asking this question, you may want to consider administering your employer benefits through a private exchange.

Let's face it, during the months of September through February, football is on nearly everyone’s mind around the office. Employees are talking about their favorite football teams, how the teams rank against one another, their Fantasy Leagues, and the scores from Thursday, Sunday, and Monday night’s games. Sounding familiar?

It’s that time of year again. No, I don’t mean playing catch up on your work while you were out on vacation or figuring out your upcoming Halloween costume. (Can I still get away with being Superman?!?!) It’s Fantasy Football time! Perhaps you participate in a Fantasy sports team in your private life, but have you thought about participating or creating a fantasy team at work? Your department, organization and community may be better off if you do.

Over the course of my career in Human Resources, I have had the displeasure of terminating the employment of a number of employees. In other words: I have fired people. I have processed what is known as a Reduction-in-Force (RIF); conducted a group lay-off and have ended the employment of individuals who knowingly broke a policy or acted in such an egregious manner they had started to pack up their offices before I had ever walked in the room. While these types of terminations are a bit more obvious; on occasion, there have been terminations that were not quite as black and white.

While many organizations face financial cutbacks and a reduction in workforce, the staff that remains in place is being asked to do tasks that are not only outside of their job scope, but often times outside of their comfort zone. Add to that, the summer months are now exiting and Fall is making an entrance, along with its shorter days and longer nights, and the feeling that there are not enough hours in the day is a sentiment that is being expressed by many. Therefore, being asked to squeeze in just one more thing, is enough to drive some off the deep end. So, when flyers are posted and emails are sent out asking for volunteers for charitable causes, undoubtedly some ask out loud: “Who has time for that?” While others ask: “Where can I sign up?” Ask yourself, which one are YOU?