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 'Signing Compromise Agreements'

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 Law , Employee Rights

October 4th, 2010 · 1 Comment · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors, Employment Tribunals, Post Termination Restrictions after Signing a Compromise Agreement, Signing Compromise Agreements, Termination of Employment, Termination Payment

Employers are using compromise agreements a lot more nowadays especially if the working relationship has broken down and the employer and employee have decided to part waves. The key point is that both parties must ensure that the terms of the compromise agreement reflect their reqirements. There are standard clauses that are always included in such […]

[Read more →]

Tags:

Employment Lawyers – Compromise Agreements – Offer made by Employer

July 23rd, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Offer from your employer, Payment in Lieu of Notice, Redundancy, Redundancy Pay, Signing Compromise Agreements, Termination Date, Termination Payment

If you are an employee, our employment lawyers cant stress enough how important it is to take independent legal advice as early as possible from emoployment solicitors and not to delay especially if  your employer has given you a date by which to accept the offer and return your signed compromise agreement. A number of employees that our […]

[Read more →]

Tags:

Employment Lawyers – Compromise Agreement – Employment Lawyers London – Empolyment solicitor – unfair dismissal

July 20th, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Payment in Lieu of Notice, Payment Terms, Redundancy, Redundancy Pay, Settlement Payment, Severance Pay, Signing Compromise Agreements, Statutory Redundancy Pay, Unfair Dismissal

As employment lawyers, we have been advising many employees this month on their offers. On a practical note, if you are an employee and have been offered a severance pay, before you decide to reject this offer and claim unfair dismissal, please take advice on the offer. In a number of cases, we found that […]

[Read more →]

Tags:

Employment Lawyers, Voluntary Severance

July 13th, 2010 · 2 Comments · About Compromise Agreement Blog, Completion Date of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Dismissal Before the Termination Date, Early Retirement, Employment Lawyers, Employment Solicitors, Garden Leave, Payment in Lieu of Notice, Payment of Legal Advisers, Payment of Normal Salary, Payment Terms, Redundancy, Redundancy Pay, Signing Compromise Agreements, Termination of Employment, Voluntary Severance

If an employee agrees to take voluntary severance, the employee may have a 3 – 6 month’s notice period.   The employee’s employment would end at the end of the notice period (‘the Termination Date’) by mutual agreement.  It is usual practice to place the employee on  garden leave up to and including the Termination Date.  If you require […]

[Read more →]

Tags: ·

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 […]

[Read more →]

Tags:

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 […]

[Read more →]

Tags: ··