How Illinois Employers MUST Change Severance & Release Agreements to Comply with New Illinois Law!

Presented by experienced employment lawyers Nancy Joerg and Tony Caruso

New Illinois laws have changed what Illinois employers must now do in their severance and release agreements. If a company is planning on terminating an employee whom the company feels may be litigious or may be a high-risk termination, then the company may want the employee to sign a severance and release agreement. Giving an employee severance in exchange for the employee signing a release of all claims is a way a company can help avoid potential litigation. New provisions are now required under the BRAND NEW ILLINOIS LAW effective January 1, 2020. Join us to learn:

• How severance agreements can help protect your company.
• What must be in severance agreements under this dramatic new Illinois law and how to present and negotiate the terms?
• What are the new legal requirements for severance agreements in Illinois (regardless of the age of the employee)?
  

Valuable handouts included!

You and your staff will learn all of this with no lost travel time or expense. No special equipment is required to participate in this live, interactive program – all you need is a telephone. 

Register Now! 

Attention HR Professionals: 

This program has been submitted for approval for 1 HR (General) recertification credit hours toward a PHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®).

This program has been submitted for approval for 1 PDCs for the SHRM-CP^SM or SHRM-SCP^SM. Wessels Sherman is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP^SM or SHRM-SCP^SM.

Attention Illinois Accountants:

1 hour of IL Public Accountant CPE credit available.

Wessels Sherman is registered with the National Association of State Boards of Accountancy (NASBA) as asponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individaul courses for CPE credit.  Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org. 

Program Learning Objectives

This event is designed for business owners, executives, human resource professionals, managers, supervisors, controllers & accountants. Attendees will gain an understanding of: how to use severance and release agreements.

Program Level/Prerequisites/Preparation:

This program is considered a basic or introductory level program, with no prerequisites or advanced preparation required.

This program is considered a Group-Phone-Based offering.

A telephone line is required for participation.

For information regarding administrative policies such as complaint and refund, please contact Tammy Nelson at (630) 377-1554.