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:

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.

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?

I recently started working with a client who has been using employment agreements with the entire employee population. I raised the question as to why they were using employment agreements instead of the traditional offer letter, which has led to discussions about why organizations use employment agreements and when it is appropriate to use them.

As HR consultants, clients often approach us seeking guidance on how to manage an employee who is under performing in their current role. By the time a manager has decided to approach HR with the situation they are often frustrated with the poor performance and are seeking HR intervention. Poor performance is an inevitable part of every organization and it is imperative that supervisors and HR work together to determine the best course of action for each situation.