Just yesterday morning, CNN host Alisyn Camerota introduced Corey Lewandowski as a CNN political commentator and former campaign manager for Donald Trump who is “still receiving severance from the Trump campaign.”
A look at the timeline reveals that Lewandowski’s firing from Camp Trump occurred on June 20, or nearly three months ago. That’s a protracted severance-paying period, no?
It sure is, says employment lawyer Debra Katz of Katz, Marshall & Banks, LLP. “The vast majority of severance agreements that we’ve negotiated are lump-sum payments,” says Katz, especially if the firms have the financial wherewithal to pay them. So structuring the severance payments over a number of months could be the approach of a cash-starved organization.