FutureState Counsel can provide a range of services and assistance in connection with a workforce reduction, including but not limited to:
- Overall project management - being a subject matter expert and serving as the central point of contact for all of your internal partners (for example, Legal, Finance, HR, Communications, Payroll) to ensure efforts are coordinated and relevant information is timely shared with those who need it, including periodic status updates to designated parties.
- Assessing multi-incumbent positions to determine which will be eliminated - including developing rating attributes, creating an assessment template, conducting assessment meetings with business leaders, and advising on legal risk. An important step both to ensure decisions are made objectively and to better position the company in the event of a legal claim.
- Preparing WARN Notices and OWBPA disclosures (if applicable).
- Drafting separation agreements and/or releases
- including handling the negotiation with an employee's representative
for any employees who obtain representation.
- Preparing and implementing a voluntary separation program - including outlining and advising on relevant program decision points, drafting the plan document, creating employee FAQs and communications, tracking participant responses, and recommending answers to employee questions.
- Being an extra set of hands - whether you need additional temporary support on the Legal or HR side (or both), FutureState Counsel can help alleviate some of the burden on HR and Legal associated with implementing a layoff.