Payment in lieu of notice (PILON) is normally shown as a separate amount in compromise agreements to cover the notice period in relation to redundancies. From our experience of advising on employment rights we have seen that sometimes people work part of the notice period with the rest paid as PILON. If you require further […]
Entries Tagged as 'Redundancy law'
Employment Law, Redundancy, Compromise Agreements, Payment in Lieu of Notice
February 14th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Payment in Lieu of Notice, Redundancies, Redundancy, Redundancy law, Redundancy Pay
Tags: Compromise Agreements·employment law·Payment in Lieu of Notice·Redundancy
Employment Law, Compromise Agreements, Holiday and Holiday Pay, Redundancy
February 13th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Entitlement to Untaken Accrued Holidays, Redundancies, Redundancy, Redundancy law
A common topic when advising on employment rights, particularly in relation to redundancies, is that of accrued holidays. It is advisable to agree the untaken accrued holidays upfront with your employer, and the number of days should be stipulated in the your compromise agreement for clarity. If you require further information about redundancy rights including […]
Tags: Compromise Agreements·employment law·Holiday and Holiday Pay·Redundancy
Employment Law, Redundancy, Legal Advice, Compromise Agreements
February 9th, 2012 · 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 Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Independent Legal Advice, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Redundancies, Redundancy, Redundancy law, Unfair Dismissal
Upon receiving a letter stating that an employee is at risk of redundancy, he or she should immediately seek independent legal advice. The legal adviser will advise you on the implications of the compromise agreement you will be signing. This applies in redundancy situations or where employees reach settlement with their employers in light of […]
Tags: Compromise Agreements·employment law·Legal Advice·Redundancy
Employment Law, Compromise Agreements, Legal Advice
February 7th, 2012 · No Comments · Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Independent Legal Advice, Redundancies, Redundancy, Redundancy law, Restrictive Covenants, Signing Compromise Agreements
Signing compromise agreements may seem daunting where employees do not have much knowledge about redundancy or their employment rights. It is important for an employee to obtain redundancy advice before signing a compromise agreement to properly understand its terms, as a breach can have serious implications. For example, a breach may lead to an employee […]
Employment Law, Compromise Agreements, Confidentiality, Post-Termination Restriction
January 31st, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, HMRC, Independent Legal Advice, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Post Termination Restrictions after Signing a Compromise Agreement, Redundancies, Redundancy, Redundancy law, Restrictive Covenants
We commonly receive the question “what is a compromise agreement?” from clients and more particularly, enquiries as to the remit of confidentiality provisions in compromise agreements. When advising on redundancy rights we make clear confidentiality means that you cannot disclose, not only the compromise agreement itself and its terms, but also the fact that you entered […]
Tags: Compromise Agreements·Confidentiality·employment law·Post-Termination Restriction
Employment Law, Compromise Agreements, Ex Gratia Payment, Negotiations
January 18th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Ex Gratia, Negotiating a Settlement, Redundancies, Redundancy, Redundancy law, Redundancy Pay
As employment law solicitors, we frequently advise employees on redundancy pay, specifically that they try to negotiate the ex gratia settlement payment with their employer as early as possible, to maximise the amount they can get. This is especially the case if the employees facing redundancy have any unresolved grievances or appeals. These can be […]
Tags: Compromise Agreements·employment law·Ex Gratia Payment·Negotiations
Employment Law, Restrictive Covenants, Employment Contracts, Compromise Agreements
January 17th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors, Independent Legal Advice, Non Compete, Non Solicitation, Post Termination Restrictions after Signing a Compromise Agreement, Redundancies, Redundancy, Redundancy law, Restrictive Covenants
Following our post below, we often advise employees on other provisions that apply upon termination of employment (that is, aside from confidentiality), including non-solicitation and non-compete provisions. Non-solicitation provisions prohibit ex-employees from soliciting/dealing with certain individuals closely related to their ex-employers (employees, customers and suppliers). Non-compete provisions prohibit ex-employees from setting up a business which […]
Tags: Compromise Agreements·Employment Contracts·employment law·Restrictive Covenants
Employment Law, Restrictive Covenants, Employment Contracts, Compromise Agreements
January 12th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors, Redundancies, Redundancy, Redundancy law, Restrictive Covenants, Termination of Employment
We regularly provide UK employment law advice to employees, which frequently centers on restrictive covenants in employment contracts. These covenants are normally contained within compromise agreements as well as contracts of employment and apply post-termination. When it comes to redundancy, an important restrictive covenant to bear in mind is that of confidentiality. If you require […]
Tags: Compromise Agreements·Employment Contracts·employment law·Restrictive Covenants
Employment Law, Indemnity, Tax, Compromise Agreement
January 11th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, HMRC, Indemnity, Independent Legal Advice, Redundancies, Redundancy, Redundancy law, Taxation
The issue of redundancy tax can be a confusing one. Compromise agreements usually contain tax indemnities, meaning if Her Majesty’s Revenue & Customs (HMRC) makes claims for penalties from an ex-employer, the ex-employee has to indemnify the ex-employer for any taxes due. This would apply if for example, there has been a miscalculation of taxes […]
Employment Law, Redundancy, Holiday, Payment in Lieu of Notice
January 10th, 2012 · 2 Comments · 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, Entitlement to Untaken Accrued Holidays, Holiday Entitlement, Independent Legal Advice, Payment in Lieu of Notice, Redundancies, Redundancy, Redundancy law, Taxation, Untaken Holidays
As employment law solicitors, we regularly advise clients on employee rights in relation to redundancy, particularly around holiday entitlement and whether payment in lieu of notice is taxable (PILON). When it comes to compromise agreements, it is always advisable to clearly set out any untaken accrued holidays and PILON and to show these separately. If […]
Tags: employment law·Holiday·Payment in Lieu of Notice·Redundancy