Settlement Agreement Lawyers & Solicitors – Redundancy

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Entries Tagged as 'Compromise Agreements'

Restrictions on your Employer in your Compromise Agreement

March 18th, 2009 · No Comments · Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Keeping the Terms of your Compromise Agreement Confidential, Post Termination Restrictions after Signing a Compromise Agreement

One of the obligations that will be placed on your employer in your Compromise Agreement, is that your Employer will not make, publish or issue or cause to be made, published or issued any derogatory or disparaging comments about you. There is an added obligation on your employer to ensure that your employer uses its reasonable endeavours […]

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Confidentiality Obligations on your Employer in your Compromise Agreement?

March 17th, 2009 · No Comments · Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Keeping the Terms of your Compromise Agreement Confidential

One of the provisions in your Compromise Agreement is that your employer should agree to keep the terms of the Compromise Agreement  confidential and not disclose them to any third party or allow them to be disclosed, except to professional advisers such as our employment lawyers, regulatory authorities or as may be required by law.  […]

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Outplacement Advice and Counselling after Redundancy- Included in your Compromise Agreement

March 16th, 2009 · No Comments · Compromise Agreements, Outplacement Advice and Counselling after Redundancy

Your employer may make a contribution towards the cost of you receiving outplacement advice and counselling. Your employer usually pays the organisation directly. There is usually a time limit for taking up this service, it can be anything up to 6 months after the Termination Date.

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If you are Offered a Job during the Consultation Period

March 15th, 2009 · No Comments · Compromise Agreements, No Entitlement to Compensation, Payment in Lieu of Notice, Payment of Normal Salary, Signing Compromise Agreements

Sometimes your employer may give you a compromise agreement, you may have got as far as obtaining independent legal advice, and  you are offered a job during the consultation period. If you accept this job, you will no longer be entitled to redundancy payment.  The compromise agreement will no longer be valid.

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What does payment of salary in Lieu of Notice mean?

March 14th, 2009 · 17 Comments · Basic Rate of Tax, Compromise Agreements, Contract of Employment, National Insurance Contributions, Payment in Lieu of Notice, Payment of Normal Salary

A number of employees that we come across do not seem to know the meaning of  payment in lieu of notice. What does it mean? It means that your employer is paying you upfront so you do not have to work out your notice period. So, for instance, if you have a 3 months’ notice period […]

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When would you get Paid?

March 13th, 2009 · No Comments · Adviser's Certificate in Your Compromise Agreement, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreements, Entitlement to Untaken Accrued Holidays, Necessity for Legal Advice on the Terms of Your Compromise Agreement, No Admission of Liability on the Part of your Employer, No Entitlement to Compensation, Payment in Lieu of Notice, Payment of Normal Salary, Return of Company Property after Signing a Compromise Agreement, Signing Compromise Agreements, Termination Date

Your employer without any admission of liability will pay you within 14 – 60 days of the latest of the following occuring:  The Termination Date; Receipt by your employer of the signed copy of your Compromise Agreement (signed by you and witnessed by a third party) and containing the Independent Adviser’s certificate (signed by an independent lawyer such as a […]

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Dismissal Before the Termination Date

March 12th, 2009 · No Comments · Benefits - What happens to your Benefits once you sign a Compromise Agreement?, Compromise Agreements, Contract of Employment, Dismissal Before the Termination Date, No Entitlement to Compensation, Termination Date

Your employer has the right to dismiss you before the Termination Date if your employer has reasonable grounds to do. It could happen if your employer becomes aware of information that could lead to your dismissal. Your employer has the right to summarily dismiss you, for instance, for any breach of your Contract of Employment. […]

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Obligations under your Contract of Employment

March 11th, 2009 · 1 Comment · Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Contract of Employment, Keeping the Terms of your Compromise Agreement Confidential, Termination Date

It is imperative to remember that all of the provisions of your contract of employment (expressed in your contract of employment and implied by law) will remain in full force and effect up to and including your Termination Date.  This includes the implied obligation of confidentiality, good faith and loyalty.

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Would you be required to take your holidays or be paid for untaken accrued holidays?

March 10th, 2009 · No Comments · Compromise Agreements, Entitlement to Untaken Accrued Holidays, Payment of Normal Salary, Termination Date, Untaken Holidays

Your employer may require you to take all of your  outstanding holidays accrued up to and including the Termination Date (during the period prior to the Termination Date). Although some employers may be happy to pay you for the untaked holidays that you have accrued up to and including the Termination Date.

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Post Termination Restrictions

March 9th, 2009 · No Comments · Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Keeping the Terms of your Compromise Agreement Confidential, Post Termination Restrictions after Signing a Compromise Agreement, Termination Date

Your employer may ask you to confirm in your Compromise Agreement that following the termination of  your employment you will remain bound by and observe and perform all and any of  your express and/or implied obligations under your Contract of Employment in particular the terms which have and/or are capable of having post termination effect after the Termination Date, including […]

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