Following on from our previous post, if you receive a low offer of redundancy payment and the company is unwilling to increase this, it may be worth looking at other benefits. For example, you may be able to get your medical cover extended by the amount of time it takes you to go from one […]
Entries from December 18th, 2013
Redundancy Package – Redundancy Pay – Negotiating with your Employer – Settlement Agreement
December 18th, 2013 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Medical Cover, Negotiating a Settlement, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
Tags: Negotiating with your Employer·Redundancy Package·Redundancy Pay·Settlement Agreement
Redundancy Offer – Redundancy Payment – Negotiating the Amount – Settlement Agreement
December 16th, 2013 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Negotiating a Settlement, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Your Compromise Agreement is a Binding Contract
If you receive a low redundancy offer from your employer, you must be pragmatic. The amount on offer could be: All the company is able to offer you in the circumstances; or Limited/capped, i.e. there are instructions to limit the amount of redundancy pay to a certain amount. If none of the above apply, it […]
Tags: Negotiating the Amount·Redundancy Offer·Redundancy Payment·Settlement Agreement
Redundancy – Post-termination Clause – Non Compete – Restrictive Covenants in Settlement Agreements
December 12th, 2013 · No Comments · About Compromise Agreement Blog, 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, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Non Compete, Post Termination Restrictions after Signing a Compromise Agreement, Redundancies, Redundancy, Redundancy law, Restrictive Covenants, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
Settlement agreements normally contain non-compete clauses preventing ex-employees from working for competitors for some time. In times like these, where many industries have shrunk due to companies going out of business, there are clearly less competitors in the market and therefore less choice of companies for ex-employees to seek jobs with. This can be a […]
Tags: Non Compete·Post-termination Clause·Redundancy·Restrictive Covenants in Settlement Agreements
Redundancy – Returning the Signed Settlement Agreement – Legal Adviser’s Certificate – Seeking Extension
December 10th, 2013 · No Comments · About Compromise Agreement Blog, Adviser's Certificate in Your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Legal Fees, Offer from your employer, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Signing Compromise Agreements, Your Compromise Agreement is a Binding Contract
If you have been given a deadline by which to return the signed settlement agreement and legal adviser’s certificate and it is unlikely that you would be able to meet this deadline, you should seek an immediate extension from your employer. Otherwise, there is a risk that you could lose the redundancy offer that has […]
Tags: Legal Adviser's Certificate·Redundancy·Returning the Signed Settlement Agreement·Seeking Extension
Employment Law – Redundancy – Confidentiality – Settlement Agreement
December 6th, 2013 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Redundancies, Redundancy, Redundancy law, Signing Compromise Agreements, Termination of Employment, Your Compromise Agreement is a Binding Contract
Employees should be aware of the extent of Confidentiality in Settlement Agreements We want to reinforce the fact that if you are an employee being made redundant, you must be made aware of the confidentiality clause in a settlement agreement as well as in your employment contract. In many cases, the confidentiality provision in the […]
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