Tag: golden parachute
Negotiating Severance Packages: Parachute or Free Fall?
By Brad Yamauchi, Partner You probably have read about “golden parachute” severance packages that pay millions of dollars to corporate executives, even when they are fired for poor performance or a scandal. Why is that? Can you get a severance package if you voluntarily or involuntarily leave your job? I have negotiated severance packages for…