You are required as an employee to give a number of warranties to your employer. We will discuss these warranties in the next few entries. One of the warranties you will be required to give, is that you warrant and confirm that you have no complaints whatsoever against your employer (and this normally includes the employer’s group […]
Entries from March 30th, 2009
Warranties to be given by Employee in Compromise Agreements
March 30th, 2009 · No Comments · Compromise Agreements, No Entitlement to Compensation, Warranties
Tags: Warranties to be given by Employee in Compromise Agreements
Provision of a Reference in your Compromise Agreement
March 25th, 2009 · No Comments · Compromise Agreements
It is important to agree a reference with your employer which would be annexed to your Compromise Agreement. Nowadays it is a standard reference. At least you know what your employer will be saying about you, if asked to provide a reference on your behalf.
Full and Final Settlement
March 23rd, 2009 · No Comments · Compromise Agreements, Signing Compromise Agreements, Your Compromise Agreement is a Binding Contract
The intention behind a Compromise Agreement is that you accept, as an employee, that the terms of your Compromise Agreement is in full and final settlement of all and any claims (if any) against your employer. Furthermore, this is the case whether contractual, statutory or otherwise (including but not limited to claims under English and/or European Community […]
Reasons why your Employer Compensates you – Do these provisions have to be included in your Compromise Agreement?
March 19th, 2009 · 2 Comments · Compromise Agreements, No Entitlement to Compensation, Termination Date
As stated in a previous entry, your employer will compensate you without admission of liability. Your compensation (or lump sum compensation payment) will be paid to you by your employer as compensation for loss of your employment, for damages for breach of contract and in respect of any award or damages which you may be entitled to, if you […]
Restrictions on your Employer in your Compromise Agreement
March 18th, 2009 · No Comments · Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Keeping the Terms of your Compromise Agreement Confidential, Post Termination Restrictions after Signing a Compromise Agreement
One of the obligations that will be placed on your employer in your Compromise Agreement, is that your Employer will not make, publish or issue or cause to be made, published or issued any derogatory or disparaging comments about you. There is an added obligation on your employer to ensure that your employer uses its reasonable endeavours […]
Tags: Restrictions on your Employer in your Compromise Agreement
Confidentiality Obligations on your Employer in your Compromise Agreement?
March 17th, 2009 · No Comments · Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Keeping the Terms of your Compromise Agreement Confidential
One of the provisions in your Compromise Agreement is that your employer should agree to keep the terms of the Compromise Agreement confidential and not disclose them to any third party or allow them to be disclosed, except to professional advisers such as our employment lawyers, regulatory authorities or as may be required by law. […]
Tags: Confidentiality Obligations on your Employer in your Compromise Agreement?
Outplacement Advice and Counselling after Redundancy- Included in your Compromise Agreement
March 16th, 2009 · No Comments · Compromise Agreements, Outplacement Advice and Counselling after Redundancy
Your employer may make a contribution towards the cost of you receiving outplacement advice and counselling. Your employer usually pays the organisation directly. There is usually a time limit for taking up this service, it can be anything up to 6 months after the Termination Date.
If you are Offered a Job during the Consultation Period
March 15th, 2009 · No Comments · Compromise Agreements, No Entitlement to Compensation, Payment in Lieu of Notice, Payment of Normal Salary, Signing Compromise Agreements
Sometimes your employer may give you a compromise agreement, you may have got as far as obtaining independent legal advice, and you are offered a job during the consultation period. If you accept this job, you will no longer be entitled to redundancy payment. The compromise agreement will no longer be valid.
Tags: If you are Offered a Job during the Consultation Period
What does payment of salary in Lieu of Notice mean?
March 14th, 2009 · 17 Comments · Basic Rate of Tax, Compromise Agreements, Contract of Employment, National Insurance Contributions, Payment in Lieu of Notice, Payment of Normal Salary
A number of employees that we come across do not seem to know the meaning of payment in lieu of notice. What does it mean? It means that your employer is paying you upfront so you do not have to work out your notice period. So, for instance, if you have a 3 months’ notice period […]
When would you get Paid?
March 13th, 2009 · No Comments · Adviser's Certificate in Your Compromise Agreement, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreements, Entitlement to Untaken Accrued Holidays, Necessity for Legal Advice on the Terms of Your Compromise Agreement, No Admission of Liability on the Part of your Employer, No Entitlement to Compensation, Payment in Lieu of Notice, Payment of Normal Salary, Return of Company Property after Signing a Compromise Agreement, Signing Compromise Agreements, Termination Date
Your employer without any admission of liability will pay you within 14 – 60 days of the latest of the following occuring: The Termination Date; Receipt by your employer of the signed copy of your Compromise Agreement (signed by you and witnessed by a third party) and containing the Independent Adviser’s certificate (signed by an independent lawyer such as a […]
Tags: When would you get Paid?