If an employee agrees to take voluntary severance, the employee may have a 3 – 6 month’s notice period. The employee’s employment would end at the end of the notice period (‘the Termination Date’) by mutual agreement. It is usual practice to place the employee on garden leave up to and including the Termination Date. If you require […]
Entries Tagged as 'Redundancy'
Employment Lawyers, Voluntary Severance
July 13th, 2010 · 2 Comments · About Compromise Agreement Blog, Completion Date of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Dismissal Before the Termination Date, Early Retirement, Employment Lawyers, Employment Solicitors, Garden Leave, Payment in Lieu of Notice, Payment of Legal Advisers, Payment of Normal Salary, Payment Terms, Redundancy, Redundancy Pay, Signing Compromise Agreements, Termination of Employment, Voluntary Severance
Employment Lawyers – Employer outsourcing
July 9th, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, outsourcing, Redundancy, Redundancy Pay, Your Compromise Agreement is a Binding Contract
We were recently asked whether an employer can outsource services and make employees redundant at the same time. As the employer is likely to be making employees redundant as a result of economic reasons (restructuring), outsourcing the services may be cheaper than having employees. However, the roles have to be matched? Are the roles the […]
Compromise Agreements Employment Law – Employment Lawyers London
July 5th, 2010 · 1 Comment · About Compromise Agreement Blog, 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, Redundancy, Redundancy Pay, Settlement Payment, Severance Pay, Signing Compromise Agreements, Termination Date, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract
An employee is required to obtain independent legal advice. The adviser is required to give a warrant (in most cases) along the lines that:- ” I also warrant and confirm that I am a solicitor of the Supreme Court, who holds a valid practising certificate and whose firm, [insert solicitor’s firm’s name and address], is covered […]
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Employment law Advice For Employers, Redundancies, Compromise Agreements – Offer of Employment
July 2nd, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Job Offer during consultation period, Offer of Employment, Post Termination Restrictions after Signing a Compromise Agreement, Redundancy, Redundancy Pay, Settlement Payment, Severance Pay, Signing Compromise Agreements, Statutory Redundancy Pay, Termination Date, Termination of Employment, Termination Payment
Where senior executives have been paid handsomely, they are usually required to sign a compromise agreement in which they would have to, for a period of twelve (12) months following the Termination Date, undertake to notify the employer when an offer of alternative employment has been made and agree to provide the employer with such […]
Tags: Compromise Agreements - Offer of Employment·Employment law Advice For Employers·Redundancy Solicitors
Employment Law Advice – Employment Lawyer – Compromise Agreement – Employment Solicitors
June 27th, 2010 · 1 Comment · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors, Notice Periods, Payment in Lieu of Notice, Payment Terms, Redundancy, Redundancy Pay, Settlement Payment, Severance Pay, Signing Compromise Agreements, Statutory Redundancy Pay
It is important to note that a contract of employment must include at the least the statutory minimum notice period. Where an employment contract contains a notice period that is less than the statutory notice period, this clause would be void. The current statutory minimum notice periods are as follows: One week if the employee’s […]
Tags: Employment Law Advice - Employment Lawyer - Compromise Agreement - Employment Solicitors
Employment Lawyers London – Employment Solicitors – Compromise Agreement Solicitors London
June 2nd, 2010 · 69 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Dismissal Before the Termination Date, Employment Lawyers, Employment Solicitors, Reason for Leaving, Redundancy, Reference, Restrictive Covenants, Termination Date, Your Compromise Agreement is a Binding Contract
An employee must ensure that any reason given by an employer in a compromise agreement for the employee leaving his/her employment is accurate. Commonly, compromise agreements will say “your employment shall terminate on the Termination Date by reason of redundancy” or “your employment shall terminate on the Termination Date by mutual agreement”. It is not unheard of […]
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Employment Law Advice – Garden Leave – Compromise Agreement – Dismissal – Redundancy
April 28th, 2010 · 6 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Dismissal Before the Termination Date, Employment Lawyers, Garden Leave, Redundancy, Redundancy Pay, Restrictive Covenants, Settlement Payment, Signing Compromise Agreements, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract
A number of employees are being placed on garden leave and do not know what to expect during this period. You can be put on garden leave up to and including your termination date. If you are an employee, your employer may require you to sign a compromise agreement whilst on garden leave. This means that you […]
Tags: Employment Law Advice - Garden Leave - Compromise Agreement - Dismissal - Redundancy
Compromise Agreements – Banked Holidays
April 13th, 2010 · No Comments · About Compromise Agreement Blog, Banked Holidays, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Entitlement to Untaken Accrued Holidays, Payment in Lieu of Notice, Payment of Legal Advisers, Payment of Normal Salary, Payment Terms, Redundancy, Redundancy Pay, Settlement Payment, Signing Compromise Agreements, Statutory Redundancy Pay, Untaken Holidays, Your Compromise Agreement is a Binding Contract
Some employers are including banked holidays as part of the settlement payment for employees that are facing redundancy. Therefore, if you are an employee facing redundancy, please check with your employer to see whether banked holidays would be taken into account in determining your settlement payment. If you require further information please contact us at […]
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Compromise Agreements – Settlement Payments
April 2nd, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Employment Lawyers, Redundancy, Redundancy Pay, Settlement Payment, Signing Compromise Agreements, Statutory Redundancy Pay, Your Compromise Agreement is a Binding Contract
A number of employers are choosing to pay the statutory payments to employees on redundancy. This is the minimum that an employer can pay an employee. Payments above the statutory amount are at the discretion of the employer (unless otherwise agreed between the employer and employee). If you require further information please contact us at enquiries@rtcooperssolicitors.com […]
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Employment Lawyer – Termination Payment – Compromise Agreement – Redundancy Payments
March 25th, 2010 · 7 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Payment in Lieu of Notice, Payment Terms, Redundancy, Redundancy Pay, Settlement Payment, Signing Compromise Agreements, Statutory Redundancy Pay, Termination Date, Termination of Employment, Termination Payment
High earning top executives are definitely receiving higher pay outs. Such employees termination payment would typically comprise:: An amount as a redundancy payment (including a statutory redundancy payment (“Redundancy Payment”); An amount as compensation payment for loss of notice of the Employee’s notice period (“Notice Compensation Payment”); and An amount as compensation for loss of employment (“ […]
Tags: Employment Lawyer - Termination Payment - Compromise Agreement - Redundancy Payments