From our vast experience as employment law solicitors, it is always a good idea as an employee to work out your accrued holiday and agree this with your employer. Just to recapitulate, tax on holiday pay is deducted in the usual way and national insurance is also paid on this. If you need employment advice […]
Entries Tagged as 'Redundancy Pay'
Employment Law, Holiday Pay, Accrued Holiday
July 19th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Excess Holiday, Holiday Entitlement, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Untaken Holidays
Employment Law, Redundancy, Compromise Agreement, Warranties
June 19th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Enhanced Redundancy Pay, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Repayment of Redundancy Pay, Statutory Redundancy Pay
As employment law solicitors, we would like to reemphasize that where an employee breaches any warranty contained in a compromise agreement, the employer has the right to demand repayment of the redundancy payment made, where this was made as an enhanced payment. That is, the payment made was not simply in accordance with statutory redundancy. […]
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Employment Law, Loan from Employer, Redundancy
June 1st, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Loan, Redundancies, Redundancy, Redundancy law, Redundancy Pay
Sometimes people take out loans from their employers. Depending on the length of employment and whether statutory redundancy or enhanced redundancy is offered, we have seen situations arise where once payment is computed at the end, the employee owes more money than the employer owes him by way of redundancy pay. So employees could find […]
Employment Law, Redundancy, Notice Period, Redundancy Pay
May 24th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Notice Periods, Redundancies, Redundancy, Redundancy law, Redundancy Pay
Employees facing redundancy should be aware that even though they may leave their jobs without giving notice, if notice has to be given to their employers, an amount could still be taken into account in calculating their redundancy payment. Thus the overall redundancy compensation may still include the notice period. If you require further information on […]
Tags: employment law·Notice Period·Redundancy·Redundancy Pay
Employment Law, Redundancy, Confidentiality, Compromise Agreement
May 17th, 2012 · No Comments · Breach of Confidential Information, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Employment Lawyers, Employment Solicitors, Job Interview, Job Offer, Keeping the Terms of your Compromise Agreement Confidential, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Repayment of Redundancy Pay
From our experience of advising on redundancies, we have seen that clients often overlook the importance of confidentiality. It is standard practice for a compromise agreement to contain a confidentiality clause, which typically outlines a promise made by the employee not to disclose anything relating to his or her employment, termination or compromise agreement to […]
Tags: Compromise Agreement·Confidentiality·employment law·Redundancy
Employment Law, Compromise Agreement, Redundancies, Termination Payment
May 9th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Termination Payment
From what we have witnessed as employment law solicitors, in this climate some employees are not being paid for up to four months. From an employee’s position, particularly one who is being made redundant, we would want to ensure safeguards are put into the compromise agreement to ensure that following execution of the agreement by […]
Tags: Compromise Agreement·employment law·Redundancies·Termination Payment
Employment Law, Compromise Agreements, Redundancies, Without Prejudice
May 8th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Employment Lawyers, Employment Solicitors, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Without Prejudice
We regularly advise people who are being made redundant on the terms of their compromise agreements. Usually a compromise agreement is “without prejudice subject to contract” before signed. Once it is signed, the agreement becomes binding on both the employee and the employer, and can be used as evidence in court. This is important in […]
Tags: Compromise Agreements·employment law·Redundancies·Without Prejudice
Employment Law, Post-Termination Restrictions, Employment Law Solicitors, Confidentiality
May 4th, 2012 · No Comments · Breach of Confidential Information, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Employment Lawyers, Employment Solicitors, Ex Gratia, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Repayment of Redundancy Pay
There seems to be a lot of misconception in relation to confidentiality obligations when it comes to being made redundant. It should not be a surprise to employees that they have to keep the terms of a compromise agreement confidential along with any information they come across during their employment. As employment law solicitors, we […]
Tags: Confidentiality·employment law·Employment Law Solicitors·Post Termination Restrictions after Signing a Compromise Agreement
Employment Law, Redundancies, Compromise Agreement, Independent Legal Adviser
May 2nd, 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, Independent Legal Advice, Redundancies, Redundancy, Redundancy law, Redundancy Pay
If you are being made redundant and your employer provides you with a compromise agreement, a date would normally also be provided by which you must have returned it. The employee must ensure the compromise agreement is signed along with the adviser’s certificate, which is signed by the independent legal adviser, and returned by the […]
Tags: Compromise Agreement·employment law·Independent Legal Adviser·Redundancies
Employment Law, Redundancy, Payment in Lieu of Notice, Tax, National Insurance
April 10th, 2012 · 2 Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, HMRC, Indemnity, National Insurance Contributions, Payment in Lieu of Notice, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Taxation
As employment law solicitors, we regularly advise on redundancies and have encountered situations where employers would like to make redundancy payments, which include payment in lieu of notice (PILON). Where this occurs, it is normally stated in a compromise agreement that part of the redundancy pay is for notice pay. We would like to reiterate […]
Tags: employment law·National Insurance·Payment in Lieu of Notice·Redundancy·Tax