For anyone who watched 60 Minutes last night, you know that there is a great deal of pessimism out there about how quickly this recession will end.
Employers are struggling to control costs and keep layoffs to a minimum. A new, thoughful article by the Wharton school suggests that employers be innovative in their
With all the talk about layoffs, separation agreements have moved front-and-center to the discussion on how companies can reduce their liability exposure.
But how much severance should a company offer to its employees when laying them off?
There is, of course, no set rule in Connecticut — or the United States — on how much severance
The headlines over the weekend for Connecticut have not been kind. Two were particularly striking. First, the Courant ran a story entitled "Sizable Job Losses Expected in State". The second w
as a story about the expected closing of The Goodwin Hotel, one of Hartford’s premier hotels.
Both indicate a local economy that
The headlines this week, particularly to those in Connecticut, sound an ominous tone. Foxwoods announces layoffs of 700. And this morning, a new government report came out showing that employers shed nearly 160,000 jobs.
Where will this all lead? That’s the $1 trillion dollar question that is on everyone’s mind. But in the meantime
These days, everyone seems to be jumping on the wage and hour bandwagon, predicting an endless stream of lawsuits for 2008, just as there was for 2007. But just as mutual funds preach that "past performance is no guarantee of future success", I would argue that focusing too much on one trend, misses an