Settlement Agreement Lawyers & Solicitors – Redundancy

Call: 0207 488 9947 or Email: enquiries@rtcooperssolicitors.com

Settlement Agreement Lawyers & Solicitors – Redundancy header image 4

Entries Tagged as 'Your Compromise Agreement is a Binding Contract'

Compromise Agreement – Independent legal advice

August 3rd, 2010 · 6 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Legal Fees, Payment of Legal Advisers, Unfair Dismissal, Your Compromise Agreement is a Binding Contract

In the compromise agreement, it would state that the Employer would pay the solicitor a contribution of up to £[   ] plus Value Added Tax towards the employee’s legal costs if the compromise agreement is executed by the employee, subject to receipt of an invoice addressed to the employee but marked payable by the Employer, and subject to confirmation from the […]

[Read more →]

Tags:

Employment Lawyers – Employer outsourcing

July 9th, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, outsourcing, Redundancy, Redundancy Pay, Your Compromise Agreement is a Binding Contract

We were recently asked whether an employer can outsource services and make employees redundant at the same time.  As the employer is likely to be making employees redundant as a result of economic reasons (restructuring), outsourcing the services may be cheaper than having employees. However, the roles have to be matched? Are the roles the […]

[Read more →]

Tags:

Employment Lawyers London – Legal Costs For Advising on Compromise Agreements

July 6th, 2010 · 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, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Payment of Legal Advisers, Your Compromise Agreement is a Binding Contract

 Legal fees – Employees tend to be very worried abot how much they would have to pay to receive advice on their compromise agreements. The usual practice is that the employer would pay us a contribution towards the employee’s legal fees plus VAT if the compromise agreement is executed by the employee and subject to […]

[Read more →]

Tags:

Compromise Agreements Employment Law – Employment Lawyers London

July 5th, 2010 · 1 Comment · About Compromise Agreement Blog, Adviser's Certificate in Your Compromise Agreement, 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, Redundancy, Redundancy Pay, Settlement Payment, Severance Pay, Signing Compromise Agreements, Termination Date, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract

An employee is required to obtain independent legal advice. The adviser is required to give a warrant (in most cases) along the lines that:- ” I also warrant and confirm that I am a solicitor of the Supreme Court, who holds a valid practising certificate and whose firm, [insert solicitor’s firm’s name and address], is covered […]

[Read more →]

Tags:

Employment Solicitors – Reference – Compromise Agreements Advice

June 14th, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Reference, Your Compromise Agreement is a Binding Contract

Typically, employers simply state that they would provide a reference for an employee who has been made redundant or dismissed.  However, some employers are going the further mile and adding terms such as:- …The employer shall on request for a refererence,  provide the employee’s prospective employers with a written reference substantively in the agreed terms and deal with any oral […]

[Read more →]

Tags:

Employment Lawyers Compromise Agreements – Severance Compensation – PILON

June 13th, 2010 · 2 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, National Insurance Contributions, Payment in Lieu of Notice, Payment Terms, Redundancy Pay, Settlement Payment, Severance Pay, Statutory Redundancy Pay, Taxation, Termination Date, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract

We are receiving a number of enquiries where employers are only offering employees Payment in Leiu of Notice (PILON) as their compensation for loss of employment.   Typically employers are paying Severance Compensation as follows:  The employer will on its own behalf, and on behalf of all its associated companies, without any admission of liability whatsoever […]

[Read more →]

Tags:

Employment Lawyers – Payment in Lieu of Notice – Employment Solicitors – Compromise Agreements Solicitors

June 8th, 2010 · 2 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Consultation, Employment Lawyers, Employment Solicitors, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Payment in Lieu of Notice, Payment of Normal Salary, Payment Terms, Post Termination Restrictions after Signing a Compromise Agreement, Settlement Payment, Termination Payment, Without Prejudice Discussions, Your Compromise Agreement is a Binding Contract

Employees are constantly asking us whether their payments in lieu of notice (PILON) ought to be taxed. The answer is yes, theywill be taxed in the usual way plus national insurance will be payable. Any PILON will be included in an employee’s compromise agreement. If you require further information please contact us at enquiries@rtcooperssolicitors.com or visit one […]

[Read more →]

Tags: ···

Employment Lawyers London – Employment Solicitors – Compromise Agreement Solicitors London

June 2nd, 2010 · 69 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Dismissal Before the Termination Date, Employment Lawyers, Employment Solicitors, Reason for Leaving, Redundancy, Reference, Restrictive Covenants, Termination Date, Your Compromise Agreement is a Binding Contract

An employee must ensure that any reason given by an employer in a compromise agreement for the employee leaving his/her employment is accurate.  Commonly, compromise agreements will say “your employment shall terminate on the Termination Date by reason of redundancy” or “your employment shall terminate on the Termination Date by mutual agreement”.  It is not unheard of […]

[Read more →]

Tags:

Employment Lawyers London – Job Offers during Period of Redundancy – Compromise Agreements

May 18th, 2010 · 5 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Consultation, Employment Lawyers, Employment Solicitors, Job Offer during consultation period, Offer from your employer, Settlement Payment, Signing Compromise Agreements, Termination Payment, Your Compromise Agreement is a Binding Contract

One of the issues that employees tend to face is when they can start looking for a new job if faced with redundancy. You can start straightaway, but if offered a job the employee must inform the employer as one of the provisions in a compromise agreement is that at the date of signing the compromise agreement […]

[Read more →]

Tags:

Employment Lawyers – Purchase of Company Car – Compromise Agreements

May 10th, 2010 · No Comments · About Compromise Agreement Blog, Company Car, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Consultation, Employment Lawyers, Offer from your employer, Signing Compromise Agreements, Termination Date, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract

 A number of senior management (when facing redundancy/dismissal) have been given the option bytheir employers to purchase their company cars . The terms of the purchase will be included in the employees’ compromise agreements: “You may purchase the company car at a value specified by the Employer’s [  ] department.  This option is exercisable in writing by you by […]

[Read more →]

Tags: