Whether it would be permissible to start your own business in competition with a former employer following redundancy really depends on whether there are non-solicit or non-compete clauses in your employment contract. If you are in a type of business where you are likely to poach or deal with employees or clients of your former […]
Entries Tagged as 'Redundancy Pay'
Redundancy, Employment Law, Non-Compete, Non-Solicit, Compromise Agreement
December 17th, 2012 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Non Compete, Non Solicitation, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Restrictive Covenants, Termination of Employment, Your Compromise Agreement is a Binding Contract
Tags: Compromise Agreement·employment law·Non-Compete·Non-Solicit·Redundancy
Redundancy, Employment Law, Negotiation, Redundancy Payment
December 11th, 2012 · No Comments · About Compromise Agreement Blog, 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, Negotiating a Settlement, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Payment
Whether redundancy pay is negotiable or not really depends on the employer. There may only be a fixed budget allocated to making redundancies. Also, it is likely to depend on: the relationship the employee has with the company; the role he or she has in the company; his or her seniority; as well as circumstances […]
Tags: employment law·Negotiation·Redundancy·Redundancy Payment
Redundancy, Consultation Process, Suitable Alternative Position
December 4th, 2012 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Consultation, Employment Lawyers, Employment Solicitors, Employment Tribunals, Independent Legal Advice, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Your Compromise Agreement is a Binding Contract
During redundancies, part of the consultation process is that the employers must find suitable alternative positions for their employees. Following this, if there is none available and you are subsequently given a compromise agreement, it is probably worthwhile (if you are not happy with the offer) to seek to increase the offer rather than trying […]
Tags: Consultation Process·Redundancy·Suitable Alternative Position
Setting up Your Own Business, Secondment, Redundancy
November 23rd, 2012 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Your Compromise Agreement is a Binding Contract
Most employers run and/or encourage placements with other companies. If you wish to partake in a job placement or secondment you should ask your employer. This could be useful if you are looking to set up your own business at some stage as courses around doing this can be expensive. If you are made redundant […]
Being made Redundant, Negotiating Severance Pay, Increase in Redundancy Payment
November 19th, 2012 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Negotiating a Settlement, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Severance Pay, Your Compromise Agreement is a Binding Contract
We have successfully negotiated increases in severance pay offered to a number of employees. Although this depends on the circumstances of each case, one factor is whether an employer is in a financial position to increase an offer. If it is a collective redundancy situation, there is no room to negotiate an increase in redundancy […]
Tags: Being made Redundant·Increase in Redundancy Payment·Negotiating Severance Pay
Being made Redundant, Consultation Period, Redundancy, Selection Criteria
November 12th, 2012 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Consultation, Employment Lawyers, Employment Solicitors, Employment Tribunals, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Selection for Redundancy, Settlement Payment, Severance Pay, Termination Date, Your Compromise Agreement is a Binding Contract
If during the consultation period you are selected for redundancy, this is the time to ask questions about the selection criteria used by your company in order to work out whether you were fairly selected for redundancy. This is also the time to work out if there are any alternative suitable roles within the organisation. […]
Tags: Being made Redundant·Consultation Period·Redundancy·Selection Criteria
Employment Law, Redundancy, Returning Compromise Agreement
November 7th, 2012 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Enhanced Redundancy Pay, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Signing Compromise Agreements, Your Compromise Agreement is a Binding Contract
Employers making employees redundant give them a deadline by which to return the signed compromise agreements for a reason. If you find you are unable to return your compromise agreement on time, you should seek an extension. Otherwise, any offer of enhanced redundancy payment might be withdrawn. If you need legal advice on the terms […]
Tags: employment law·Redundancy·Returning Compromise Agreement
Employment Law, Redundancies, Compromise Agreement
October 22nd, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Enhanced Redundancy Pay, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Payment, Severance Pay, Statutory Redundancy Pay
If your employer gives you a date by which to sign and return your compromise agreement, you should ensure that you do not miss this date. If you do, the offer may be withdrawn and you would only be entitled to the statutory minimum amount of redundancy payment (if your employer was initially offering you […]
Employment Law, Redundancy, Compromise Agreement, Garden Leave
October 16th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Garden Leave, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Severance Pay
We have seen situations involving employees in senior jobs who, upon being made redundant are not put on garden leave. Instead, they are asked to immediately leave the premises upon being notified of their redundancies, without even being allowed to go back to their desks. This is especially the case where the employees dealt with […]
Tags: Compromise Agreement·employment law·Garden Leave·Redundancy
Employment Law, Redundancy, Compromise Agreement, Redundancy Pay
July 23rd, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Enhanced Redundancy Pay, Ex Gratia, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Severance Pay, Statutory Redundancy Pay
When advising clients on redundancies, we often clarify that the severance payment would be an ex gratia payment made to an employee by his or her employer. This could take the form of a statutory redundancy payment or an enhanced payment, which would include the statutory element. It is up to the employer what it […]
Tags: Compromise Agreement·employment law·Redundancy·Redundancy Pay