Following on from our previous post, if you receive a low offer of redundancy payment and the company is unwilling to increase this, it may be worth looking at other benefits. For example, you may be able to get your medical cover extended by the amount of time it takes you to go from one […]
Entries Tagged as 'Redundancy Pay'
Redundancy Package – Redundancy Pay – Negotiating with your Employer – Settlement Agreement
December 18th, 2013 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Medical Cover, Negotiating a Settlement, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
Tags: Negotiating with your Employer·Redundancy Package·Redundancy Pay·Settlement Agreement
Redundancy Offer – Redundancy Payment – Negotiating the Amount – Settlement Agreement
December 16th, 2013 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Negotiating a Settlement, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Your Compromise Agreement is a Binding Contract
If you receive a low redundancy offer from your employer, you must be pragmatic. The amount on offer could be: All the company is able to offer you in the circumstances; or Limited/capped, i.e. there are instructions to limit the amount of redundancy pay to a certain amount. If none of the above apply, it […]
Tags: Negotiating the Amount·Redundancy Offer·Redundancy Payment·Settlement Agreement
Redundancy – Returning the Signed Settlement Agreement – Legal Adviser’s Certificate – Seeking Extension
December 10th, 2013 · No Comments · About Compromise Agreement Blog, Adviser's Certificate in Your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Legal Fees, Offer from your employer, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Signing Compromise Agreements, Your Compromise Agreement is a Binding Contract
If you have been given a deadline by which to return the signed settlement agreement and legal adviser’s certificate and it is unlikely that you would be able to meet this deadline, you should seek an immediate extension from your employer. Otherwise, there is a risk that you could lose the redundancy offer that has […]
Tags: Legal Adviser's Certificate·Redundancy·Returning the Signed Settlement Agreement·Seeking Extension
Employment Lawyers London
April 15th, 2013 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Enhanced Redundancy Pay, Independent Legal Advice, Legal Fees, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Payment, Signing Compromise Agreements, Voluntary Redundancy
If you are an employee and you are offered a compromise agreement you must seek independent legal advice in order to get an appreciation of the legal implications of what you have been asked to sign by your employer. Typically, there will be standard provisions and other provision that are specific to your circumstances. Our […]
Employment Law, Redundancy, Termination, Mutual Agreement
March 11th, 2013 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Signing Compromise Agreements, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
As employment solicitors who regularly advise clients on redundancies, we have encountered a wide variety of situations, including instances where an employee’s employment is being terminated by mutual agreement with his or her employer. If you are in this situation it is important that you ensure that the fact your termination is by mutual agreement […]
Tags: employment law·Mutual Agreement·Redundancy·termination
Employment Law, Breach of Contract, Warranties, Redundancy, Compromise Agreement
February 22nd, 2013 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors, Employment Tribunals, Enhanced Redundancy Pay, Independent Legal Advice, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Repayment of Redundancy Pay, Restrictive Covenants, Severance Pay, Summary Dismissal, Termination of Employment, Warranties, Your Compromise Agreement is a Binding Contract
Following on from our previous post, working for another company whilst employed and where this has been expressly prohibited in you employment contract, would constitute a breach of contract. Your employer would be entitled to seek damages for this. Furthermore, if you are facing redundancy, your employer will usually provide you with a compromise agreement. […]
Tags: Breach of Contract·Compromise Agreement·employment law·Redundancy·Warranties
Employment Law, Garden Leave, Contract of Employment
February 14th, 2013 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors, Employment Tribunals, Garden Leave, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Termination of Employment, Your Compromise Agreement is a Binding Contract
Some employment contracts make provision for garden leave, whilst others do not. As employment lawyers we have seen situations, especially in the banking and IT sectors, where employees who were dealing with highly sensitive information, were simply dismissed and immediately removed from their positions. If you need legal advice on the terms of your contract […]
Compromise Agreement, Early Retirement, Pension
February 13th, 2013 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Early Retirement, Employment Lawyers, Employment Solicitors, Pension Rights, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Signing Compromise Agreements, Your Compromise Agreement is a Binding Contract
Where an employee takes early retirement, his or her employer will not necessarily get him or her to sign a compromise agreement. In any event, as employment law solicitors we would always advise the employee to clarify the following before retiring: (i) the last working day; and (ii) all matters relating to his or her […]
Redundancy, Compromise Agreement, Adviser’s Certificate, Independent Legal Advice
February 11th, 2013 · No Comments · About Compromise Agreement Blog, Adviser's Certificate in 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, Redundancy Pay, Severance Pay, Warranties, Your Compromise Agreement is a Binding Contract
In redundancies and in respect of compromise agreements, the idea behind the adviser’s certificate is to signify that independent legal advice has been given to the employee in question. The lawyer providing independent legal advice on the terms of the compromise agreement must sign the adviser’s certificate. Equally most severance agreements will contain a warranty […]
Tags: Adviser's Certificate in Your Compromise Agreement·Compromise Agreement·Independent Legal Advice·Redundancy