Under employment law, any sums owed to an employer by an employee upon termination of an employee’s contract of employment, will normally be deducted from any severance payment being paid to the employee (unless agreed otherwise in advance). This should always be taken into account in a compromise agreement.
Entries from February 18th, 2011
Employment Law – Compromise Agreement
February 18th, 2011 · No Comments · Termination Date, Termination of Employment, Termination Payment
Tags: employment law·termination
Employment Law, Compromise Agreement, voluntary redundancy, Confidentality
February 15th, 2011 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Resignation, Settlement Payment, Severance Pay, Signing Compromise Agreements, Statutory Redundancy Pay, Termination Date, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract
If you are an employee and looking for employment law advice, then you should note that confidentiality is a crucial part of your compromise agreement. If you are yet to receive your draft compromise agreement, it is important that you do not disclose any confidential information about your employer in any pre-compromise agreement discussions with any […]
Tags: Compromise Agreement·Confidentiality·employment law·voluntary redundancy
Employee Rights, Termination of Employment, Redundancy, Compromise Agreement
February 11th, 2011 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Termination Date, Termination of Employment, Unfair Dismissal, Voluntary Redundancy, Your Compromise Agreement is a Binding Contract
Depending on the circumstances surrounding the termination of an employee’s employment, a request by the employee to have the reason for termination included in or omitted from any subsequent compromise agreement (and reference, where applicable) is an important one, as this could impact future employment prospects.
Tags:
Compromise Agreement, Employment Tribunal, Unfair Dismissal
February 8th, 2011 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Payment, Severance Pay, Statutory Redundancy Pay, Termination Date, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract
Where an employee and employer are involved in protracted negotiations over the terms of a compromise agreement, the employee should always bear in mind the time limits for bringing any prospective claim in an employment tribunal. If this date passes, this is likely to have an adverse effect on the employee’s negotiation position, if this […]
Tags: Compromise Agreement·Employment Tribunal·Unfair Dismissal
Compromise Agreement, Private Medical Cover, Redundancy, Unfair dismissal
February 6th, 2011 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Termination Date, Termination of Employment, Termination Payment, Unfair Dismissal, Your Compromise Agreement is a Binding Contract
We are finding that when some employees are faced with redundancy, there are employers that are willing to allow these employees’ private medical cover to continue for a short period after the employees’ termination dates. This is not an entitlement and is always subject to the discretion of the employers. It clearly would depend on the circumstances in […]
Employment Lawyers London, Termination date, Compromise Agreement, Redundancy Payment
February 5th, 2011 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Return of Company Property after Signing a Compromise Agreement, Your Compromise Agreement is a Binding Contract
Where a compromise Agreement is not signed prior to the termination of an employee’s employment, but is signed afterwards, it is important that the ‘Return of Company Property’ clause is amended to ensure that the employee is not in breach of the compromise agreement the moment it is signed. If you require legal advice on a compromise agreement, […]
Unfair Dismissal, Payment in Lieu of Notice, Redundancy
February 1st, 2011 · 2 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Payment in Lieu of Notice, Redundancy, Redundancy law, Redundancy Pay, Unfair Dismissal, Your Compromise Agreement is a Binding Contract
As of 1 February 2011 the Tribunal compensation limits will increase. The new rates will apply where the event giving rise to compensation occurs on or after this date. Maximum compensatory award for unfair dismissal – £68,400 (from £65,300) Maximum weekly pay for calculating statutory redundancy pay – £400.00 (from £380.00) If you require legal advice on employment […]
Tags: Payment in Lieu of Notice·Redundancy·Unfair Dismissal·Unfair Dismissal. Payment in Lieu of Notice