Course description
Older Workers Benefit Protection Act and Age Discrimination Compliance
Learn how to create lawful, enforceable separation agreements that comply with the OWBPA.
Companies must be diligent in assessing their size and organizational structure to ensure a competitive advantage. As a result, employee reductions and terminations occur. This topic will assist companies in understanding the rules and case law surrounding the Older Workers Benefit Protection Act (OWBPA). Learn about the interaction between OWBPA and the Age Discrimination in Employment Act (ADEA) and the importance of meeting the OWBPA requirements. To minimize the risk of potential litigation, employers may wish to offer departing employees money or benefits in exchange for a release or waiver of liability for all claims connected with the employment relationship. This material will assist in the understanding of the requirements under OWBPA to avoid potential liability risks.
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Who should attend?
This live webinar is designed for
- human resource managers
- benefits managers
- attorneys
- personnel managers
- presidents and vice presidents
- business owners and managers
- payroll professionals
- accountants.
Training content
OWBPA and ADEA
- Definitions
- Requirements Under OWBPA
- Waiver of Rights Under ADEA
- Knowing and Voluntary Requirements
Gearing up for a Downsizing
- Application of OWBPA
- Exit Incentives
- Application of OWBPA for Group Terminations
Case Law for OWBPA Claims
- Important Cases
- Severance Agreements and Release of Claims
- Strict Compliance Required
Certification / Credits
Learning Objectives
- You will be able to define OWBPA and ADEA.
- You will be able to discuss gearing for a downturn.
- You will be able to review recent supreme court cases.
- You will be able to describe the effect on company policy.
Contact this provider
Lorman Education Services - Live and On-Demand Courses
Lorman Education Services is a leading provider of online professional development and corporate training for organizations and individual professionals. For more than 30 years, Lorman has delivered relevant, high-quality, professional-level courses that cover a broad range of business and technical...