Ogletree Deakins is a labor and employment law firm representing management in all types of employment-related legal matters. Ogletree Deakins has more than 850 attorneys located in 53 offices across the United States and in Europe, Canada, and Mexico. The firm represents a range of clients, from small businesses to Fortune 50 companies.
They explore how SUB plans can provide a cost-effective alternative to traditional severance packages and cover the potential tax savings, design flexibility, and implementation strategies that make SUB plans a valuable resource for employers facing workforce reductions.
In this installment of our Payroll Brass Tax
podcast series, Mike Mahoney, a shareholder in the firm's
Morristown and New York offices and chair of the Employment Tax
Group, speaks with Elizabeth Lutes, Executive Vice President of
Transition Services, Inc., to discuss supplemental unemployment
benefits (SUBs), or SUB plans. They explore how SUB plans can
provide a cost-effective alternative to traditional severance
packages and cover the potential tax savings, design flexibility,
and implementation strategies that make SUB plans a valuable
resource for employers facing workforce reductions.
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