Following on from our previous post, if you receive a low offer of redundancy payment and the company is unwilling to increase this, it may be worth looking at other benefits. For example, you may be able to get your medical cover extended by the amount of time it takes you to go from one […]
Entries Tagged as 'Redundancy Pay'
Redundancy Package – Redundancy Pay – Negotiating with your Employer – Settlement Agreement
December 18th, 2013 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Medical Cover, Negotiating a Settlement, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
Tags: Negotiating with your Employer·Redundancy Package·Redundancy Pay·Settlement Agreement
Employment Law, Redundancy, Compromise Agreement, Redundancy Pay
July 23rd, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Enhanced Redundancy Pay, Ex Gratia, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Severance Pay, Statutory Redundancy Pay
When advising clients on redundancies, we often clarify that the severance payment would be an ex gratia payment made to an employee by his or her employer. This could take the form of a statutory redundancy payment or an enhanced payment, which would include the statutory element. It is up to the employer what it […]
Tags: Compromise Agreement·employment law·Redundancy·Redundancy Pay
Employment Law, Redundancy, Notice Period, Redundancy Pay
May 24th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Notice Periods, Redundancies, Redundancy, Redundancy law, Redundancy Pay
Employees facing redundancy should be aware that even though they may leave their jobs without giving notice, if notice has to be given to their employers, an amount could still be taken into account in calculating their redundancy payment. Thus the overall redundancy compensation may still include the notice period. If you require further information on […]
Tags: employment law·Notice Period·Redundancy·Redundancy Pay
Employment Law, Redundancy, Confidentiality, Redundancy Pay
December 15th, 2011 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors, Independent Legal Advice, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Post Termination Restrictions after Signing a Compromise Agreement, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Repayment of Redundancy Pay, Restrictive Covenants
Some employees are still not aware of the importance of confidentiality and complying with those provisions within their employment contracts as well as the confidentiality provisions within their compromise agreements. A breach of any of these provisions will in most cases, and at the very least, lead to the employees being made to repay any […]
Tags: Confidentiality·employment law·Redundancy·Redundancy Pay
Redundancy Pay, Employment Law Compromise Agreement
May 22nd, 2011 · No Comments · About Compromise Agreement Blog, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Completion Date of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors, Employment Tribunals, 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
Employees facing redundancy are finding that a number of employers are simply offering statutory redundancy pay. Some employers are just offering the notice period to employees as their redundancy pay.
Compromise Agreement, Redundancy Pay, Solicitors Employment, Redundancy Rights, Unfair Dismissal Redundancy, Employment Lawyer
May 19th, 2011 · No Comments · About Compromise Agreement Blog, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Completion Date of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Entitlement to Leave, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Negotiating a Settlement, Notice Periods, Offer from your employer, Payment of Legal Advisers, Redundancies, Settlement Payment, Severance Pay, Signing Compromise Agreements, Statutory Redundancy Pay, Voluntary Redundancy, Voluntary Severance, Your Compromise Agreement is a Binding Contract
An employee must take seriously an employer’s offer comprised in a compromise agreement. Most employers give a short timeframe in which to accept their offer. This means the employee obtaining independent legal advice and signing the compromise agreement within the time scale. In cases where the deadline is missed, the employee may not receive an […]
Tags: Compromise Agreement·Employment Lawyer·Redundancy Pay·Solicitors Employment