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Stock Options, Severance Agreements and Rights After A Separation Stock or stock options can represent a significant part of an employee’s compensation with an employer. Employers often grant employees stock or the option to purchase stock in the company at a discounted price. It is common for these rights to…
Previously we posted some information about severance agreements. A severance agreement typically refers to an offer of money, or other consideration by the employer to the employee, in exchange for employee’s agreement to release the employer from liability along with other conditions. An employee is free to accept a severance…
California Labor Code section 1198.5 provides that current and former employees have the right to inspect or receive a copy of their own personnel file. The personnel file may include information an employer keeps about its employee’s qualifications for employment, promotion, compensation, termination or discipline. Under California Labor Code Section…
Half of employees who left or lost their jobs keep confidential corporate data after they’ve left, according to a 2013 study. [i] This is not surprising since many employees, in performing their work duties, routinely have access to, and work with, their employer’s confidential or proprietary information. Smart phones, laptops,…