We commonly receive the question “what is a compromise agreement?” from clients and more particularly, enquiries as to the remit of confidentiality provisions in compromise agreements. When advising on redundancy rights we make clear confidentiality means that you cannot disclose, not only the compromise agreement itself and its terms, but also the fact that you entered […]
Entries from January 31st, 2012
Employment Law, Compromise Agreements, Confidentiality, Post-Termination Restriction
January 31st, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, HMRC, Independent Legal Advice, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Post Termination Restrictions after Signing a Compromise Agreement, Redundancies, Redundancy, Redundancy law, Restrictive Covenants
Tags: Compromise Agreements·Confidentiality·employment law·Post-Termination Restriction
Employment Law, Compromise Agreements, Ex Gratia Payment, Negotiations
January 18th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Ex Gratia, Negotiating a Settlement, Redundancies, Redundancy, Redundancy law, Redundancy Pay
As employment law solicitors, we frequently advise employees on redundancy pay, specifically that they try to negotiate the ex gratia settlement payment with their employer as early as possible, to maximise the amount they can get. This is especially the case if the employees facing redundancy have any unresolved grievances or appeals. These can be […]
Tags: Compromise Agreements·employment law·Ex Gratia Payment·Negotiations
Employment Law, Restrictive Covenants, Employment Contracts, Compromise Agreements
January 17th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors, Independent Legal Advice, Non Compete, Non Solicitation, Post Termination Restrictions after Signing a Compromise Agreement, Redundancies, Redundancy, Redundancy law, Restrictive Covenants
Following our post below, we often advise employees on other provisions that apply upon termination of employment (that is, aside from confidentiality), including non-solicitation and non-compete provisions. Non-solicitation provisions prohibit ex-employees from soliciting/dealing with certain individuals closely related to their ex-employers (employees, customers and suppliers). Non-compete provisions prohibit ex-employees from setting up a business which […]
Tags: Compromise Agreements·Employment Contracts·employment law·Restrictive Covenants
Employment Law, Restrictive Covenants, Employment Contracts, Compromise Agreements
January 12th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors, Redundancies, Redundancy, Redundancy law, Restrictive Covenants, Termination of Employment
We regularly provide UK employment law advice to employees, which frequently centers on restrictive covenants in employment contracts. These covenants are normally contained within compromise agreements as well as contracts of employment and apply post-termination. When it comes to redundancy, an important restrictive covenant to bear in mind is that of confidentiality. If you require […]
Tags: Compromise Agreements·Employment Contracts·employment law·Restrictive Covenants
Employment Law, Indemnity, Tax, Compromise Agreement
January 11th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, HMRC, Indemnity, Independent Legal Advice, Redundancies, Redundancy, Redundancy law, Taxation
The issue of redundancy tax can be a confusing one. Compromise agreements usually contain tax indemnities, meaning if Her Majesty’s Revenue & Customs (HMRC) makes claims for penalties from an ex-employer, the ex-employee has to indemnify the ex-employer for any taxes due. This would apply if for example, there has been a miscalculation of taxes […]
Employment Law, Redundancy, Holiday, Payment in Lieu of Notice
January 10th, 2012 · 2 Comments · Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Entitlement to Untaken Accrued Holidays, Holiday Entitlement, Independent Legal Advice, Payment in Lieu of Notice, Redundancies, Redundancy, Redundancy law, Taxation, Untaken Holidays
As employment law solicitors, we regularly advise clients on employee rights in relation to redundancy, particularly around holiday entitlement and whether payment in lieu of notice is taxable (PILON). When it comes to compromise agreements, it is always advisable to clearly set out any untaken accrued holidays and PILON and to show these separately. If […]
Tags: employment law·Holiday·Payment in Lieu of Notice·Redundancy