Settlement Agreement Lawyers & Solicitors – Redundancy

Call: 0207 488 9947 or Email: enquiries@rtcooperssolicitors.com

Settlement Agreement Lawyers & Solicitors – Redundancy header image 4

Entries Tagged as 'Settlement Payment'

Employment Law, Compromise Agreement, voluntary redundancy, Confidentality

February 15th, 2011 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Resignation, Settlement Payment, Severance Pay, Signing Compromise Agreements, Statutory Redundancy Pay, Termination Date, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract

If you are an employee and looking for employment law advice, then you should note that confidentiality is a crucial part of your compromise agreement. If you are yet to receive your draft compromise agreement, it is important that you do not disclose any confidential information about your employer in any pre-compromise agreement discussions with any […]

[Read more →]

Tags: ···

Compromise Agreement, Employment Tribunal, Unfair Dismissal

February 8th, 2011 · 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, Settlement Payment, Severance Pay, Statutory Redundancy Pay, Termination Date, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract

Where an employee and employer are involved in protracted negotiations over the terms of a compromise agreement, the employee should always bear in mind the time limits for bringing any prospective claim in an employment tribunal. If this date passes, this is likely to have an adverse effect on the employee’s negotiation position, if this […]

[Read more →]

Tags: ··

Redundancy Pay, Employment Solicitors, Compromise Agreement E1W London

December 4th, 2010 · 1 Comment · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Independent Legal Advice, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Payment, Severance Pay, Signing Compromise Agreements, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract

The reason why an employer contributes to an employee’s legal costs is to ensure that the employee receives independent legal advice. The idea is that the lawyer will run through the terms of the compromise agreement and the implication, so that the employee would have a sound appreciation of what the employee is signing. This […]

[Read more →]

Tags:

Employment Solicitors, Employee Rights, Compromise Agreement, Redundancy payment

December 1st, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Dismissal Before the Termination Date, Employment Lawyers, Employment Solicitors, Employment Tribunals, Payment Terms, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Payment, Severance Pay, Signing Compromise Agreements, Statutory Redundancy Pay, Termination Date, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract

An employee should seek legal advice on an offer proposed by an employer if being made redundant. We are seeing that sometimes when an employee has another job offer, the employee is keen to leave his or her employment and does not seek legal advice on the offer. Once the compromise agreement is signed, it becomes […]

[Read more →]

Tags:

Compromise Agreement, Redundancy, Employment Law, Commission

November 25th, 2010 · 1 Comment · About Compromise Agreement Blog, Commission, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Payment Terms, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Payment, Severance Pay, Your Compromise Agreement is a Binding Contract

If an employee, who is a risk of redundancy, is usually paid commission and is asked by his or her employer to sign a compromise agreement, in terms of redundancy pay the employee should ensure that (i) either the commission due and payable is agreed and included in the terms of the compromise agreement; or (ii) […]

[Read more →]

Tags:

Employment Law, Redundancy Law, Payment in Lieu of Notice, Employment Contract, Compromise Agreement

October 27th, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Negotiating a Settlement, Payment in Lieu of Notice, Payment of Legal Advisers, Payment of Normal Salary, Payment Terms, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Payment, Severance Pay, Signing Compromise Agreements, Termination Date, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract

We are revisiting the issue of payment in lieu of notice from a different angle this time especially in relation to redundancy. We are being asked by a number of employers and employees whether they could get around the issue of taxation of notice periods (PILON). One of the ways that we have considered to achieve […]

[Read more →]

Tags:

Compromise Agreements, Employment Lawyers, Payment In Lieu of Notice

October 25th, 2010 · No Comments · About Compromise Agreement Blog, Completion Date of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Consultation, Employment Lawyers, Employment Solicitors, Employment Tribunals, Payment in Lieu of Notice, Payment of Normal Salary, Payment Terms, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Payment, Severance Pay, Signing Compromise Agreements, Statutory Redundancy Pay, Termination Date, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract

This is a reminder that payments in lieu of notice are subject to tax and national insurance at the approved rates. We are still being asked whether this is the case by a number of employers and employees, especially employees about their employee rights. If you require employment law advice especially in relation to your compromise agremeent, […]

[Read more →]

Tags:

Compromise Agreement, Employment lawyers London, Negotiating a Settlement

October 13th, 2010 · 2 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Dismissal Before the Termination Date, Employment Lawyers, Employment Solicitors, Negotiating a Settlement, No Admission of Liability on the Part of your Employer, Offer from your employer, Payment in Lieu of Notice, Payment of Legal Advisers, Payment of Normal Salary, Payment Terms, Reason for Leaving, Settlement Payment, Severance Pay, Signing Compromise Agreements, Your Compromise Agreement is a Binding Contract

Our employment solicitors are finding that a numbe r of employers are offering employees compromise agreements in circumstances where there is no dispute and/or redundancy, but as a means of mutual agreement. The employer has to act fairly. The employee has to negiotiate a good package.  It is worthwhile seeking legal advice from our employment lawyers […]

[Read more →]

Tags:

Compromise Agreements, Employment Law, Share Option

October 6th, 2010 · 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, Settlement Payment, Severance Pay, Share Options, Signing Compromise Agreements, Statutory Redundancy Pay, Termination Date, Termination of Employment, Termination Payment

Top executives that have been issued share options by their employers must take care in ensuring that the shares are included in their compromise agreements. We are seeing a number of compromise agreements where there is no mention of such shares. Also, the value of such shares are important, especially to the employees. If you […]

[Read more →]

Tags:

Employment Lawyers, Constructive Dismissal, Performance Improvement Plan

August 9th, 2010 · 3 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Performance Improvement Plan, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Payment, Your Compromise Agreement is a Binding Contract

A number of employers are instigating performance improvement plans for employees whose performance are satisfactory or less. Inevatibly, employees seek legal adsvice on the implications of such PIP, and whether they are indeed justified. In some cases, if the employees do not successfuly meet the standards set by the PIP, they could lose their jobs […]

[Read more →]

Tags: ··