A number of employers allow benefits to continue beyond the termination date for a few months, sometimes up to 12 months. This would depend on the terms of the employee’s contract and/or what the employee is able to negotiate. All benefits must be included in the compromise agreement, even though employers tend to exclude them [...]
Entries Tagged as 'Benefits - What happens to your Benefits once you sign a Compromise Agreement?'
Compromise Agreements – Employment Lawyers – Benefits
August 13th, 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, Employment Lawyers, Employment Solicitors, Employment Tribunals, Your Compromise Agreement is a Binding Contract
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 [...]
Tags: Employment Solicitors - Signing a Compromise Agreement - Counterparts
Employment Lawyers – Compromise Agreements Solicitors
January 25th, 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, Contract of Employment, Garden Leave, Signing Compromise Agreements, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
If you are on gardening leave and have been given a termination date for the termination of your employment, you may be required to notify your current employer if you have been offered a new job before the end of the termination date.
Usually once the employee notifies the employer, the employee’s employment would come [...]
Tags: Employment Lawyers London - Compromise Agreements Solicitors
Warranties in Compromise Agreements Cont’d
July 1st, 2009 · No Comments · About Compromise Agreement Blog, Adviser's Certificate in Your Compromise Agreement, Benefits - What happens to your Benefits once you sign a Compromise Agreement?, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Dismissal Before the Termination Date, Necessity for Legal Advice on the Terms of Your Compromise Agreement, No Admission of Liability on the Part of your Employer, No Entitlement to Compensation, Pension Rights, Post Termination Restrictions after Signing a Compromise Agreement, Signing Compromise Agreements, Termination of Employment, Warranties, Your Compromise Agreement is a Binding Contract
We are continuing with our discussion on warranties in compromise agreements. Our previous entries explain a number of warranties that you will have to give to your employer. One of the key warranties is that:
1. You have received independent legal advice on all and any claims that you might be able to bring against your [...]
Dismissal Before the Termination Date
March 12th, 2009 · No Comments · Benefits - What happens to your Benefits once you sign a Compromise Agreement?, Compromise Agreements, Contract of Employment, Dismissal Before the Termination Date, No Entitlement to Compensation, Termination Date
Your employer has the right to dismiss you before the Termination Date if your employer has reasonable grounds to do. It could happen if your employer becomes aware of information that could lead to your dismissal. Your employer has the right to summarily dismiss you, for instance, for any breach of your Contract of Employment. [...]
Pension Rights
February 28th, 2009 · No Comments · Benefits - What happens to your Benefits once you sign a Compromise Agreement?, Pension Rights
All of your benefits will cease by the Termination Date i.e the date your employment contract comes to an end with your employer, unless you have made a separate arrangement for benefits to continue to a particular date beyond the Termination Date.
In terms of pension rights, they are excluded from your Compromise Agreement and you [...]
Tags: Pension Rights
Benefits
February 3rd, 2009 · No Comments · Benefits - What happens to your Benefits once you sign a Compromise Agreement?, Compromise Agreements
If you are at risk of redundancy or have been told when the last day of your employmemnt is going to be, you should note that all of your benefits will cease on this termination date. You should check with your pension provider about what’s going to happen to your contributions that have already been [...]
Tags: Benefits - What happens to your Benefits once you sign a Compromise Agreement?