If you are on gardening leave and have been given a termination date for the termination of your employment, you may be required to notify your current employer if you have been offered a new job before the end of the termination date. Usually once the employee notifies the employer, the employee’s employment would come […]
Entries Tagged as 'Compromise Agreement Solicitors'
Employment Lawyers – Compromise Agreements Solicitors
January 25th, 2010 · No 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, Contract of Employment, Garden Leave, Signing Compromise Agreements, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
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Compromise Agreements – Return of Property by Employee
January 18th, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Return of Company Property after Signing a Compromise Agreement, Signing Compromise Agreements
In some cases an employer may allow an employee to retain company property. This has to be negotiated and agreed between the employee and employer. The property must be listed in the compromise agreement. Not all employers will agree to this.
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Employment Lawyers – Termination – Constructive Dismissal – Payment in Lieu of Notice (PILON) – PILON Payment or Termination Payment?
January 15th, 2010 · 13 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, National Insurance Contributions, Payment in Lieu of Notice, Payment Terms, Post Termination Restrictions after Signing a Compromise Agreement, Redundancy, Settlement Payment, Termination Date, Termination of Employment, Termination Payment
Recent Case: Employment Law: Termination – Constructive Dismissal – Payment in Lieu of Notice (PILON) – PILON Payment or Termination Payment? In this case of Clinton v HMRC [2010], an employer sought to terminate the employment of an employee and the employee sought to bring a claim for constructive dismissal against the employer. The employer […]
Employment Lawyers – Outstanding Loans – Compromise Agreements
December 6th, 2009 · 1 Comment · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Outstanding Loans, Warranties
We have done a large section on warranties see https://www.adviceoncompromiseagreements.com/category/warranties. We also wanted to mention that an employer may ask you, as an employee, to give a warranty regarding the payment of outstanding loans to the company, if you owe the company money. The warranty may be worded as follows:- ” You warrant that there are […]
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Employment Lawyers London – Expenses Compromise Agreements
November 26th, 2009 · 3 Comments · About Compromise Agreement Blog, Completion Date of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Expenses, Redundancy, Return of Company Property after Signing a Compromise Agreement, Signing Compromise Agreements, Your Compromise Agreement is a Binding Contract
It is worth mentioning again that if you are an employee and you have been asked to sign a compromise agreement, you should submit your final expenses claim (form) to your employer within a specificed time (usually this time period is set out in your contract of employment). This is usually within five days of completion […]
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Advice on Employment Law – Return of Property to Employers
November 16th, 2009 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Dismissal Before the Termination Date, Return of Company Property after Signing a Compromise Agreement, Signing Compromise Agreements, Termination Date, Warranties, Your Compromise Agreement is a Binding Contract
If you are an employee, your employer may ask you to give a warranty in your compromise agreement that before the Termination Date you will delete irretrievably any information relating to the business or business contacts of the Employer that you have stored on any magnetic or optical disk or memory of any personal electronic devices, […]
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Compromise Agreement Advice – Garden Leave
November 11th, 2009 · 20 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Garden Leave, Your Compromise Agreement is a Binding Contract
If you are an employee, you should be aware of the date when you are meant to commence garden leave and check the date in your compromise agreement to ensure that the compromise agreement is signed before you take garden leave or some other arrangements are in place.
Compromise Agreement Solicitors – Taxation of Termination Pay
November 7th, 2009 · 4 Comments · About Compromise Agreement Blog, Basic Rate of Tax, Compromise Agreement Solicitors, Compromise Agreements, Settlement Payment, Signing Compromise Agreements, Taxation, Termination Date, Termination Payment
We are still being asked about taxation of Settlement Payment or some people refer to it as Termination Payment. The correct advice is that the first £30,000 of an employee’s Termination Payment will be paid without deduction of income tax in accordance with section 403 of the Income Tax (Earnings and Pensions) Act 2003. If an employee’s Settlement […]
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Pension Contributions – After Signing Compromise Agreement
November 3rd, 2009 · 7 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitors, Pension Rights, Signing Compromise Agreements, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
As we have discussed in this blog previously, an employee’s entitlements to any benefits such as pension rights (which will not be provided for in a compromise agreement) will cease on the employee’s Termination Date (see earlier blog). Some companies are paying employees up to three months’ standard company employer pension contributions into the employee’s pension fund. As pension rights are […]
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