Settlement Agreement Lawyers & Solicitors – Redundancy

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Entries Tagged as 'Signing Compromise Agreements'

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 London – Job Offers during Period of Redundancy – Compromise Agreements

May 18th, 2010 · 5 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Consultation, Employment Lawyers, Employment Solicitors, Job Offer during consultation period, Offer from your employer, Settlement Payment, Signing Compromise Agreements, Termination Payment, Your Compromise Agreement is a Binding Contract

One of the issues that employees tend to face is when they can start looking for a new job if faced with redundancy. You can start straightaway, but if offered a job the employee must inform the employer as one of the provisions in a compromise agreement is that at the date of signing the compromise agreement […]

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Employment Lawyers – Purchase of Company Car – Compromise Agreements

May 10th, 2010 · No Comments · About Compromise Agreement Blog, Company Car, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Consultation, Employment Lawyers, Offer from your employer, Signing Compromise Agreements, Termination Date, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract

 A number of senior management (when facing redundancy/dismissal) have been given the option bytheir employers to purchase their company cars . The terms of the purchase will be included in the employees’ compromise agreements: “You may purchase the company car at a value specified by the Employer’s [  ] department.  This option is exercisable in writing by you by […]

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Employment Law Advice – Garden Leave – Compromise Agreement – Dismissal – Redundancy

April 28th, 2010 · 6 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Dismissal Before the Termination Date, Employment Lawyers, Garden Leave, Redundancy, Redundancy Pay, Restrictive Covenants, Settlement Payment, Signing Compromise Agreements, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract

A number of employees are being placed on garden leave and do not know what to expect during this period. You can be put on garden leave up to and including your termination date.  If you are an employee, your employer may require you to sign a compromise agreement whilst on garden leave. This means that you […]

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Compromise Agreements – Banked Holidays

April 13th, 2010 · No Comments · About Compromise Agreement Blog, Banked Holidays, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Entitlement to Untaken Accrued Holidays, Payment in Lieu of Notice, Payment of Legal Advisers, Payment of Normal Salary, Payment Terms, Redundancy, Redundancy Pay, Settlement Payment, Signing Compromise Agreements, Statutory Redundancy Pay, Untaken Holidays, Your Compromise Agreement is a Binding Contract

Some employers are including banked holidays as part of the settlement payment for employees that are facing redundancy. Therefore, if you are an employee facing redundancy, please check with your employer to see whether banked holidays would be taken into account in determining your settlement payment. If you require further information please contact us at […]

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Compromise Agreements – Settlement Payments

April 2nd, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Employment Lawyers, Redundancy, Redundancy Pay, Settlement Payment, Signing Compromise Agreements, Statutory Redundancy Pay, Your Compromise Agreement is a Binding Contract

A number of employers are choosing to pay the statutory payments to employees on redundancy. This is the minimum that an employer can pay an employee. Payments above the statutory amount are at the discretion of the employer (unless otherwise agreed between the employer and employee). If you require further information please contact us at enquiries@rtcooperssolicitors.com […]

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Employment Lawyer – Termination Payment – Compromise Agreement – Redundancy Payments

March 25th, 2010 · 7 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Payment in Lieu of Notice, Payment Terms, Redundancy, Redundancy Pay, Settlement Payment, Signing Compromise Agreements, Statutory Redundancy Pay, Termination Date, Termination of Employment, Termination Payment

High earning top executives are definitely receiving higher pay outs.  Such employees termination payment would typically comprise::   An amount as a redundancy payment (including a statutory redundancy payment (“Redundancy Payment”);  An amount as compensation payment for loss of notice of the Employee’s notice period (“Notice Compensation Payment”); and An amount as compensation for loss of employment (“ […]

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Employment Solicitors – Signing a Compromise Agreement – Counterparts

March 24th, 2010 · No Comments · About Compromise Agreement Blog, Benefits - What happens to your Benefits once you sign a Compromise Agreement?, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Counterparts, Post Termination Restrictions after Signing a Compromise Agreement, Signing Compromise Agreements

Some employers are happy for the compromise agreement to be signed in counterparts. That means each party signs a separate agreement and they exchange so the employee gets a copy signed by the employer and the employer a copy signed by the employee. The compromise agreement has to make allowances for this, otherwise both parties […]

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Employment Lawyers – Bringing a Claim for Unfair Dismissal and Redundancy

March 15th, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Redundancy, Signing Compromise Agreements, Unfair Dismissal

Some of the recent enquiries we have received have been about when an employee may bring a claim for unfair dismissal, if the employee has been made redundant. In order for any employee to pursue an employer for unfair dismissal on the grounds of redundancy (the employee should have been in  employment for 1 year), the employee must […]

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Employment Lawyers – Consultation Meetings

March 1st, 2010 · 1 Comment · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Consultation, Signing Compromise Agreements

We have had recent enquiries where employees:-  have been given notice of being at risk of redundancy when they were due to go on holiday;  in some cases being asked to consider and come up with options whlist on holidays; and the day of the consultation meeting being on the day they return to the […]

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