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Erik Peters – Anatomy of a Severance Agreement

Download the Show Audio Here

Show Topic:

Severance Agreements are tools often used by companies when ending a relationship with an employee.

A separation agreement may be used to assist the employee in landing on their feet or because the company recognizes that there could be some risks related to the termination or because that’s just how the company has always operated.

Regardless of the reason why a company chooses to offer a separating employee a severance agreement, understanding the terms that should be included in such an agreement and what rights or responsibilities those terms create is important.

On this episode of HR Power Hour, join host Tawny Alvarez as she talks to Erik Peters, a Partner in Verrill’s Labor and Employment practice group about the use of severance agreements and the terms that are often included within them.

About The Guest:

Erik is a Partner in Verrill’s Labor & Employment Group. He regularly conducts workplace investigations, advises clients on employment law and human resources compliance issues, and defends companies accused of discrimination or harassment based upon disability, religion, age, sexual orientation, whistleblower retaliation, and wage and hour violations. Additionally, he has successfully represented many individuals who were the victims of discrimination.

A significant part of Erik’s practice involves conducting workplace investigations. In conjunction with this, he successfully completed the Association of Workplace Investigators’ Training Institute, which teaches the knowledge and skills necessary to perform impartial workplace investigations. Erik also regularly conducts anti-harassment training for his management side clients and for other attorneys.

Throughout his legal career, Erik has represented individuals, businesses and municipalities on thousands of claims and lawsuits involving motor vehicle collisions, premises liability, products liability, wrongful death, construction defects, property disputes and subrogation. Erik has also represented businesses of all sizes in disputes involving breach of contract, business torts, breach of fiduciary duty allegations and shareholder issues.

Erik lives in Freeport with his wife, family and animals. In his spare time, he skis, hangs out on his family’s sailboat, Venture, and goes to many high school sports games.