Loyalty - Garden Leave
> See generally: Severance
The Basics of Garden Leave. When it comes to employee terminations, employers have several alternatives by which to structure any severance-related pay that they desire to provide. A “terminal leave” approach may appeal to employers who want to delay an employee’s termination date, perhaps to allow for further vesting of stock awards or retirement benefits – or to extend the period when COBRA health insurance coverage will begin. Terminal leaves come with some baggage, however, because ... continue reading fromBNA article.
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