An employee must be careful in this climate when the employee is being offered a job by an employer whilst in a good job. We are seeing employees resigning from their jobs and before they could take up their new positions, the companies going out of business. The employees have no employee rights in these circumstances. […]
Entries Tagged as 'Your Compromise Agreement is a Binding Contract'
Compromise Agreement, Employeee Rights, Redundancy, Resigning from a Job
December 9th, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Job Offer, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Resignation, Your Compromise Agreement is a Binding Contract
Tags: Compromise Agreement - Employment Lawyers - London - Redundancy - Resigning from a Job
Redundancy Pay, Employment Solicitors, Compromise Agreement E1W London
December 4th, 2010 · 1 Comment · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Independent Legal Advice, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Payment, Severance Pay, Signing Compromise Agreements, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract
The reason why an employer contributes to an employee’s legal costs is to ensure that the employee receives independent legal advice. The idea is that the lawyer will run through the terms of the compromise agreement and the implication, so that the employee would have a sound appreciation of what the employee is signing. This […]
Employment Solicitors, Employee Rights, Compromise Agreement, Redundancy payment
December 1st, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Dismissal Before the Termination Date, Employment Lawyers, Employment Solicitors, Employment Tribunals, Payment Terms, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Payment, Severance Pay, Signing Compromise Agreements, Statutory Redundancy Pay, Termination Date, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract
An employee should seek legal advice on an offer proposed by an employer if being made redundant. We are seeing that sometimes when an employee has another job offer, the employee is keen to leave his or her employment and does not seek legal advice on the offer. Once the compromise agreement is signed, it becomes […]
Compromise Agreement, Redundancy, Employment Law, Commission
November 25th, 2010 · 1 Comment · About Compromise Agreement Blog, Commission, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Payment Terms, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Payment, Severance Pay, Your Compromise Agreement is a Binding Contract
If an employee, who is a risk of redundancy, is usually paid commission and is asked by his or her employer to sign a compromise agreement, in terms of redundancy pay the employee should ensure that (i) either the commission due and payable is agreed and included in the terms of the compromise agreement; or (ii) […]
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Employment Law, Redundancy Law, Payment in Lieu of Notice, Employment Contract, Compromise Agreement
October 27th, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Negotiating a Settlement, Payment in Lieu of Notice, Payment of Legal Advisers, Payment of Normal Salary, Payment Terms, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Payment, Severance Pay, Signing Compromise Agreements, Termination Date, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract
We are revisiting the issue of payment in lieu of notice from a different angle this time especially in relation to redundancy. We are being asked by a number of employers and employees whether they could get around the issue of taxation of notice periods (PILON). One of the ways that we have considered to achieve […]
Compromise Agreements, Employment Lawyers, Payment In Lieu of Notice
October 25th, 2010 · No Comments · About Compromise Agreement Blog, Completion Date of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Consultation, Employment Lawyers, Employment Solicitors, Employment Tribunals, Payment in Lieu of Notice, Payment of Normal Salary, Payment Terms, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Payment, Severance Pay, Signing Compromise Agreements, Statutory Redundancy Pay, Termination Date, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract
This is a reminder that payments in lieu of notice are subject to tax and national insurance at the approved rates. We are still being asked whether this is the case by a number of employers and employees, especially employees about their employee rights. If you require employment law advice especially in relation to your compromise agremeent, […]
Tags: Compromise Agreements - Employment Lawyers - Compromise Agreement - Payment In Lieu of Notice
Compromise Agreement, Employment lawyers London, Negotiating a Settlement
October 13th, 2010 · 2 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Dismissal Before the Termination Date, Employment Lawyers, Employment Solicitors, Negotiating a Settlement, No Admission of Liability on the Part of your Employer, Offer from your employer, Payment in Lieu of Notice, Payment of Legal Advisers, Payment of Normal Salary, Payment Terms, Reason for Leaving, Settlement Payment, Severance Pay, Signing Compromise Agreements, Your Compromise Agreement is a Binding Contract
Our employment solicitors are finding that a numbe r of employers are offering employees compromise agreements in circumstances where there is no dispute and/or redundancy, but as a means of mutual agreement. The employer has to act fairly. The employee has to negiotiate a good package. It is worthwhile seeking legal advice from our employment lawyers […]
Tags: Compromise Agreement - Employment lawyers London - Negotiating a Settlement
Compromise Agreements – Employment Lawyers – Benefits
August 13th, 2010 · 4 Comments · About Compromise Agreement Blog, Benefits - What happens to your Benefits once you sign a Compromise Agreement?, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Your Compromise Agreement is a Binding Contract
A number of employers allow benefits to continue beyond the termination date for a few months, sometimes up to 12 months. This would depend on the terms of the employee’s contract and/or what the employee is able to negotiate. All benefits must be included in the compromise agreement, even though employers tend to exclude them […]
Employment Lawyers, Constructive Dismissal, Performance Improvement Plan
August 9th, 2010 · 3 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Performance Improvement Plan, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Payment, Your Compromise Agreement is a Binding Contract
A number of employers are instigating performance improvement plans for employees whose performance are satisfactory or less. Inevatibly, employees seek legal adsvice on the implications of such PIP, and whether they are indeed justified. In some cases, if the employees do not successfuly meet the standards set by the PIP, they could lose their jobs […]
Tags: Constructive Dismissal·Employment Lawyers·Performance Improvement Plan
Employment lawyers, Redundancy, Redundancies, Redundancy law
August 6th, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Your Compromise Agreement is a Binding Contract
It is worth emphasising that once an employee signs a compromise agreement and the employer signs, the compromise agreement becomes a binding contract. Thereafter, both parties are bound. The employee cannot change his/her mind at this stage. If you require further information on redundancy law, please contact us at enquiries@rtcooperssolicitors.com or visit one of the […]
Tags: Employment Lawyers·Redundancies·Redundancy·Redundancy law