If an employee agrees to take voluntary severance, the employee may have a 3 – 6 month’s notice period. The employee’s employment would end at the end of the notice period (‘the Termination Date’) by mutual agreement. It is usual practice to place the employee on garden leave up to and including the Termination Date.
If you require further [...]
Entries Tagged as 'Completion Date of your Compromise Agreement'
Employment Lawyers, Voluntary Severance
July 13th, 2010 · No Comments · About Compromise Agreement Blog, Completion Date of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Dismissal Before the Termination Date, Early Retirement, Employment Lawyers, Employment Solicitors, Garden Leave, Payment Terms, Payment in Lieu of Notice, Payment of Legal Advisers, Payment of Normal Salary, Redundancy, Redundancy Pay, Signing Compromise Agreements, Termination of Employment, Voluntary Severance
Employment Lawyers – Purchase of Company Car – Compromise Agreement
March 18th, 2010 · No Comments · About Compromise Agreement Blog, Company Car, Completion Date of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Offer from your employer, Redundancy, Return of Company Property after Signing a Compromise Agreement, Termination Date, Termination of Employment
We are seeing a number of top executives being given the option to purchase their company cars when made redundant. These employees tend to be very senior high earners. Usually a vlaue will be put on the car by the employer, but still favourable to the employee. The employee is usually asked to confirm in [...]
Tags: Employment Lawyers - Purchase of Company - Car Compromise Agreement
Employment Lawyers London – Expenses Compromise Agreements
November 26th, 2009 · 3 Comments · About Compromise Agreement Blog, Completion Date of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Expenses, Redundancy, Return of Company Property after Signing a Compromise Agreement, Signing Compromise Agreements, Your Compromise Agreement is a Binding Contract
It is worth mentioning again that if you are an employee and you have been asked to sign a compromise agreement, you should submit your final expenses claim (form) to your employer within a specificed time (usually this time period is set out in your contract of employment). This is usually within five days of completion [...]
Tags: Employment Lawyers London - Expenses Compromise Agreements
Completion Date when your Compromise Agreement becomes Binding
October 22nd, 2009 · No Comments · About Compromise Agreement Blog, Completion Date of your Compromise Agreement, Compromise Agreements, Signing Compromise Agreements, Termination Date, Without Prejudice Discussions, Your Compromise Agreement is a Binding Contract
Both employers and employees have to be aware of the completion date of a compromise agreement. In some cases the employer might put the termination date and the completion date as the same. This works if the employee is in the UK (not on holidays or travelling) and able to get the compromise agreement signed [...]
Tags: Completion Date when your Compromise Agreement becomes Binding