From time to time, you may be faced with the opportunity to “outsource” an employee’s talent to your competition. This article covers some strategies for accomplishing such a maneuver while reducing the risks to your organization.
Basics
Some state laws (West Virginia’s, for example) and federal law require you to take certain steps if you’re going to put a severance package in front of an employee. Technically, of course, to give an employee a severance package, you don’t have to meet the state and federal requirements. The law enters the picture only if you want to have a valid release of claims from the employee in exchange for the money you’re paying.
