Settlement Agreement Lawyers & Solicitors – Redundancy

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Entries Tagged as 'Termination Date'

Compromise Agreement, Equality Act, Employment law

November 12th, 2010 · 4 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors, Equality Act, Legal Fees, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Payment of Legal Advisers, Termination Date, Termination of Employment, Termination Payment

Section 147 of the Equality Act 2010 http://www.equalities.gov.uk/equality_act_2010.aspx (“the Act”) has already become the subject of legal discussion, due to apparent ambiguities. This section of the Act sets out the requirements for an enforceable ‘compromise contract’ which purports to settle claims arising under the Act. The ambiguity is in relation to the definition of an ‘independent […]

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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 […]

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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, […]

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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 […]

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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 […]

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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 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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Employment Lawyers London – Employment Solicitors – Compromise Agreement Solicitors London

June 2nd, 2010 · 69 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Dismissal Before the Termination Date, Employment Lawyers, Employment Solicitors, Reason for Leaving, Redundancy, Reference, Restrictive Covenants, Termination Date, Your Compromise Agreement is a Binding Contract

An employee must ensure that any reason given by an employer in a compromise agreement for the employee leaving his/her employment is accurate.  Commonly, compromise agreements will say “your employment shall terminate on the Termination Date by reason of redundancy” or “your employment shall terminate on the Termination Date by mutual agreement”.  It is not unheard of […]

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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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