Under employment law, any sums owed to an employer by an employee upon termination of an employee’s contract of employment, will normally be deducted from any severance payment being paid to the employee (unless agreed otherwise in advance). This should always be taken into account in a compromise agreement.
Entries Tagged as 'Termination of Employment'
Employment Law – Compromise Agreement
February 18th, 2011 · No Comments · Termination Date, Termination of Employment, Termination Payment
Tags: employment law·termination
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 […]
Tags: Compromise Agreement·Confidentiality·employment law·voluntary redundancy
Employee Rights, Termination of Employment, Redundancy, Compromise Agreement
February 11th, 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, Termination Date, Termination of Employment, Unfair Dismissal, Voluntary Redundancy, Your Compromise Agreement is a Binding Contract
Depending on the circumstances surrounding the termination of an employee’s employment, a request by the employee to have the reason for termination included in or omitted from any subsequent compromise agreement (and reference, where applicable) is an important one, as this could impact future employment prospects.
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 […]
Tags: Compromise Agreement·Employment Tribunal·Unfair Dismissal
Compromise Agreement, Private Medical Cover, Redundancy, Unfair dismissal
February 6th, 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, Termination Date, Termination of Employment, Termination Payment, Unfair Dismissal, Your Compromise Agreement is a Binding Contract
We are finding that when some employees are faced with redundancy, there are employers that are willing to allow these employees’ private medical cover to continue for a short period after the employees’ termination dates. This is not an entitlement and is always subject to the discretion of the employers. It clearly would depend on the circumstances in […]
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 […]
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 […]
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 […]
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 […]
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, […]
Tags: Compromise Agreements - Employment Lawyers - Compromise Agreement - Payment In Lieu of Notice