About to sign a settlement agreement? Breaching a signed #settlementagreement could result in the repayment of enhanced #redundancypayment. Learn more http://tiny.cc/24dvcx. Understand the implications. Call an #employmentlawsolicitor now on 0207 488 9947 or fill in enquiry form at http://tiny.cc/jth8bx http://www.rtcoopers.com/employees.php http://www.rtcoopers.com/testimonials_employmentlaw.php
Entries Tagged as 'About Compromise Agreement Blog'
About to sign a settlement agreement?
March 17th, 2014 · No Comments · About Compromise Agreement Blog, Breach of Confidential Information, 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, Employment Tribunals, Independent Legal Advice, Payment Terms, Re-employment, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Repayment of Redundancy Pay, Selection for Redundancy, Settlement Agreement, Settlement Agreement Lawyer, Settlement Agreement Solicitor, Settlement Payment, Severance Pay, Signing Compromise Agreements, Statutory Redundancy Pay
Tags: Employment Lawyers·enhanced redundancy pay·Made Redundant·Redundancy Payment·Settlement Agreement
Breach of settlement agreement and repayment of enhanced redundancy pay
March 3rd, 2014 · 1 Comment · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Enhanced Redundancy Pay, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Agreement, Settlement Agreement Lawyer, Settlement Agreement Solicitor, Signing Compromise Agreements, Termination Payment, Your Compromise Agreement is a Binding Contract
Following on from our post below, in some cases where an employee breaches the terms of the settlement agreement, the enhanced redundancy payment is treated as a debt payable to the employer. Therefore, if there is a breach, the employee would have to repay it in full. If you need legal advice on the terms […]
Breaching the terms of your settlement agreement
February 24th, 2014 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Enhanced Redundancy Pay, Legal Fees, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Repayment of Redundancy Pay, Settlement Agreement, Settlement Agreement Lawyer, Settlement Agreement Solicitor, Settlement Payment, Termination of Employment, Your Compromise Agreement is a Binding Contract
If you breach the terms of your settlement agreement after having been made redundant, you would have to repay the enhanced amount of redundancy payment that was paid to you. Employees are usually alarmed about this. We have seen cases where employers go further and ask for a full indemnity in the event of a breach […]
Tags: breach·enhanced amount·Indemnity·legal costs·Made Redundant·Redundancy Payment·Settlement Agreement
Restrictive covenants/Post-termination provisions in your employment contract
February 19th, 2014 · 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, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Post Termination Restrictions after Signing a Compromise Agreement, Redundancies, Redundancy, Redundancy law, Settlement Agreement, Settlement Agreement Lawyer, Settlement Agreement Solicitor, Your Compromise Agreement is a Binding Contract
It is worth reminding you that any restrictive covenants or post-termination restrictions contained in your employment contract are in addition to your obligations under your settlement agreement. If you need legal advice on the terms of your settlement agreement or compromise agreement, please contact an employment solicitor at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law: http://www.rtcoopers.com/practice_employment.php […]
Tags: Being made Redundant·Employment Contract·Post-termination·Restrictive covenant·Settlement Agreement
Implications of signing a settlement agreement, Full and final settlement
January 21st, 2014 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Independent Legal Advice, Redundancy, Redundancy law, Redundancy Pay, Settlement Agreement, Settlement Agreement Lawyer, Settlement Agreement Solicitor, Your Compromise Agreement is a Binding Contract
From advising employees on redundancies, it appears that they are still coming to terms with the fact that they have to give warranties and what such warranties, including post-termination restrictions, mean practically. It is also sometimes difficult for employees to understand that settlement agreements are in full and final settlement with no admission of liability […]
Tags: Compromise Agreement·Full and Final Settlement·Post Termination Restrictions after Signing a Compromise Agreement·Settlement Agreement·Warranties
Signing Settlement Agreement/Compromise Agreement, Delayed Termination Date
January 16th, 2014 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Redundancies, Redundancy, Redundancy law, Settlement Agreement, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
Further to our post below, in some cases employers seek to be generous to employees who are being made redundant by allowing them extra time within which to find a new position. Depending on the circumstances, the employees may receive redundancy pay at that stage or at the final termination date. In such cases, the employees would sign a settlement agreement/compromise […]
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Signing more than one settlement agreement/compromise agreement
January 14th, 2014 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Redundancies, Redundancy, Redundancy law, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
If you are being made redundant, it might be that your termination date is not for some time, e.g. 3-6 months. In such cases it is not uncommon for you to have to sign two settlement agreements. The second settlement agreement would be on the same terms as the first and would be signed just […]
Tags: Adviser's Certificate in Your Compromise Agreement·Compromise Agreement·Settlement Agreement
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
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 […]
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