Employees facing redundancy should be aware that until a compromise agreement is signed, it is not binding. Compromise agreements are only be legally binding when signed by both parties, i.e. the employee and employer. The significance of this is that any offer of a severance package is made ‘without prejudice’.
If you need legal advice on your redundancy or advice on the terms of your severance agreement, please contact us at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law:
http://www.rtcoopers.com/practice_employment.php
http://www.rtcoopers.com/faq-redundancyemployee.php
http://www.employmentlawyersinlondon.com/video.php
http://www.employmentlawyersinlondon.com
http://www.compromiseagreementlonuk.com/
© RT COOPERS, 2013. This Briefing Note does not provide a comprehensive or complete statement of the law relating to the issues discussed nor does it constitute legal advice. It is intended only to highlight general issues. Specialist legal advice should always be sought in relation to particular circumstances.
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