Category: BLOG
Severance Pay When Resigning: How to Walk Out The Door With More Than Your Coffee Mug
You’ve found a better opportunity. You want to take your career in a different direction. You just can’t take it anymore and need to get out ASAP. These are a few of the many reasons people resign from their jobs, even if they don’t have a new one lined up. If you’re considering leaving …
Stock Options and Bonuses in Severance Packages Should Be More Than Afterthoughts
For many people, the icing is the best part of the cake. For many C-suite and high-level executives, the “icing” on their compensation packages – such as stock options, restricted share units (“RSUs”), bonuses and other nontraditional or speculative compensation structures – are often worth much more than the cake of their annual salary. Accordingly, …
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Laid Off Over 40? You Have Unique Severance Agreement Rights
Older workers’ experience, insights, and institutional knowledge can be valuable assets to a business. All too often, however, companies see older workers as a liability, leaving more seasoned employees vulnerable to prohibited age discrimination, including wrongful termination. That’s why federal law provides older workers, who are laid off over 40, with robust protections, rights, and …
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Layoffs, Downsizing, and Outsourcing… What Employees Should Know
With no end in sight to the global pandemic, many companies and especially large corporations are preparing for the new workplace to take hold and are rethinking the way they do business. Some of the changes are welcomed by the employees, for example, a flexible schedule, the ability to work from home, less travel, and …
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3 Pressure Points Executives Can Use When Negotiating a Severance Package
In any negotiation, each party comes to the process with unique pressure points. As the name implies, pressure points are those factors and considerations that put pressure on a party to close a deal and, accordingly, make them more open to compromise. Executives who enter into severance negotiations with their soon-to-be-former employers often think they …
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5 Issues To Consider In a Proposed Severance Package
Unexpected or unwanted career transitions can be a time of anxiety and opportunity. If you’re an executive or other high-ranking employee who finds yourself asked or forced to leave your current position, it’s important to make smart, informed decisions about how to do so. This includes careful consideration of any proposed severance package from your …
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Why are Pharmaceutical & Medical Kickbacks Prohibited?
The False Claims Act (FCA) is designed to combat and prevent healthcare fraud, including pharmaceutical or medical providers that illegally solicit or accept kickbacks [1]. Persons who become aware of illegal solicitation or acceptance of kickbacks in the healthcare industry can act as a whistleblower on behalf of the government and file an FCA lawsuit. …
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Upcoding and Unbundling are Common Types of Healthcare Fraud
Upcoding and unbundling in healthcare are two forms of improper medical coding. Both fall under the federal government’s definition of healthcare fraud when the government is paying for the care and can be pursued through the False Claims Act. With serious implications that can cause harm to patients, taxpayers, and the American healthcare system as …
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2021 False Claims Act Statistics Continue to Highlight Importance of Whistleblowers
On February 1, 2022, the U.S. Department of Justice (DOJ) reported its False Claims Act (FCA) statistics for fiscal year (FY) 2021. DOJ reported more than $5.6 billion was recovered through the FCA in FY 2021. This is the second largest amount recorded and the largest since 2014. Almost $2.8 billion of the total recovery …
Colorado Legislature Introduces the Colorado False Claims Act (CFCA)
For more than a decade Colorado has had the Colorado Medicaid False Claims Act, making it unlawful for persons to submit false claims to Colorado’s Medicaid programs. However, fraud against the state occurs in many other contexts besides Medicaid (e.g., infrastructure contracting, purchase of goods and services, grant awards). On January 21, 2022, the State …
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