Settlement Agreement Lawyers & Solicitors – Redundancy

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Entries Tagged as 'Redundancy'

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 […]

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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 […]

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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 […]

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Employment Law, Redundancy, Enhanced Redundancy Pay, Statutory Redundancy Pay

December 16th, 2011 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Enhanced Redundancy Pay, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Statutory Redundancy Pay

In some cases employees can accept compromise agreements without going through the redundancy process. This could mean receiving an enhanced redundancy payment rather than a statutory payment. If you require further information about redundancy law, please contact us at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law: http://www.rtcoopers.com/practice_employment.php http://www.rtcoopers.com/faq-redundancyemployee.php http://www.employmentlawyersinlondon.com/video.php http://www.employmentlawyersinlondon.com http://www.compromiseagreementlonuk.com/ © RT […]

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Employment Law, Redundancy, Confidentiality, Redundancy Pay

December 15th, 2011 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors, 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, Redundancy Pay, Repayment of Redundancy Pay, Restrictive Covenants

Some employees are still not aware of the importance of confidentiality and complying with those provisions within their employment contracts as well as the confidentiality provisions within their compromise agreements. A breach of any of these provisions will in most cases, and at the very least, lead to the employees being made to repay any […]

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Employment Law, Redundancy, Payment in Lieu of Notice, Settlement Payment

December 14th, 2011 · 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, Employment Lawyers, Employment Solicitors, Independent Legal Advice, Payment in Lieu of Notice, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Taxation

In order for an employer to provide an employee with payment in lieu of notice, this must be referred to in the employee’s employment contract. Some employers are incorporating the notice period as part of the settlement payment, which is tax free. We always advise that there is a risk that Inland Revenue may decide […]

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Employment Law, Redundancy, Re-employment, Compromise Agreements, Redundancy Payment

December 13th, 2011 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Re-employment, Redundancies, Redundancy, Redundancy law, Repayment of Redundancy Pay

We have seen employers implementing a practice whereby, they make employees redundant in the hope that once the climate changes, they would re-employ them. Those employees should note that if they are re-employed within two years of being made redundant, they would have to repay their redundancy payment. This is something which is usually included […]

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Employment Law, Redundancy, Compromise Agreements, Setting Up Own Business

November 30th, 2011 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Employment Lawyers, Employment Solicitors, Redundancies, Redundancy, Redundancy law

A number of employees facing redundancy then contemplate setting up their own business. Such employees must be sure about certain issues, including the information they can put on their websites. Some employees will want to rely on and disclose work done during their employment. However, employees need to obtain consent from their employers in order […]

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Employment Law, Compromise Agreements, Confidentiality, Employment Contract, Post-termination

November 4th, 2011 · No Comments · Breach of Confidential Information, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors, Independent Legal Advice, Keeping the Terms of your Compromise Agreement Confidential, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Redundancies, Redundancy, Redundancy law, Restrictive Covenants

Employees must at all times remember that there are confidentiality terms in their employment contracts. Post-termination of employment, employees will still be bound by the confidentiality provisions in their employment contracts as well as the confidentiality provisions in their compromise agreements. If you require further information about redundancy law, please contact us at enquiries@rtcooperssolicitors.com or visit one […]

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Employment Law, Redundancy, Compromise Agreement, Disciplinary Procedure

November 3rd, 2011 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Redundancies, Redundancy, Redundancy law

Some employees are faced with the decision whether to go through a disciplinary procedure or take a compromise agreement. The seriousness of the action that has led to this situation has to be weighed up by the employee before deciding on whether to take a compromise agreement as the employee forfeits all rights to pursue […]

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