Settlement Agreement Lawyers & Solicitors – Redundancy

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Entries Tagged as 'Severance Pay'

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 […]

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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 […]

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Employment Lawyers Compromise Agreements – Severance Compensation – PILON

June 13th, 2010 · 2 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, National Insurance Contributions, Payment in Lieu of Notice, Payment Terms, Redundancy Pay, Settlement Payment, Severance Pay, Statutory Redundancy Pay, Taxation, Termination Date, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract

We are receiving a number of enquiries where employers are only offering employees Payment in Leiu of Notice (PILON) as their compensation for loss of employment.   Typically employers are paying Severance Compensation as follows:  The employer will on its own behalf, and on behalf of all its associated companies, without any admission of liability whatsoever […]

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