Payment Terms | Compromise Agreements Solicitors & Lawyers

Testimonials

'I have been greatly impressed by the assistance I have received from the team at RT Coopers with regards to my employment law enquiry. In particular, I have valued the quick and effective responses to my concerns and queries and the genuine concern for my best interests that has been displayed. On the basis of my experience, I would recommend RT Coopers without hesitation.' - J.C

'The service I received from RT Coopers in relation to employment law was very good, relevant to my case and very helpful. I am definitely happy with the service and will definitely recommend them.' - M.N

'Thank you for your employment law advice! The advice was great.' - MH

'Thank you for representing me with my Compromise Agreement. I was very pleased with the service I received. I could have gone through my union solicitor, but I didn't find them very forthcoming, which is why I searched the internet. Immediately upon speaking to RT Coopers, I was impressed with the speed of information via the phone and email.' - B.Y

'I am happy with the service I received from RT Coopers. I particularly valued the prompt answers I received to my queries and the fair billing practices of the firm.'-J.S

'I would like to write a general review about my feelings towards RT Coopers as a firm and the solicitor that worked with me on my case. Back in December 08, when I was deliberating whether to take my previous employer to an employment tribunal or not, I telephoned around 10 solicitors to ascertain their initial take on the case but more importantly to find someone that I wanted to work with, put my trust in and who would win me my case. Out of all of the solicitors I spoke to, Mr Oyedele was by far the most informative and certainly the kindest over the telephone. His communication was excellent, e-mailing me on several occasions and phoning me a couple of months after I had decided to go it alone just to see how it was going. I decided to progress the case myself after the initial advice I received from My Oyedele. Two days before exchange of documents I received a sternly written letter from the respondent's solicitors and Mr Oyedele was the first and only solicitor that I called and his service was exactly what I expected having spoken to him over the phone. He moved time around in his diary to see me the very next day for an emergency meeting to discuss the recent events and response. Over the next week as the hearing date approached I spoke to him every day on the phone for varying amounts of time. If he was unavailable because he was dealing with other clients he would always call me back within good time or drop me an e-mail or a quick call to let me know when he would call me. At no point during that very busy, extremely stressful week did I feel that I had to chase him at all. He gave me good advice which I took and answered all my questions concisely and simply. I felt very at ease with him and felt I could ask him the same thing over and over again if I did not understand. During the build up to the hearing the other side employed some really foul play and I must say that I was un-seated by it. As important as his legal advice, was his pastoral element for lack of a better phrase which was exceptional in cancelling out the way the respondent's actions made me feel and think and he got me re-focused on the task at hand. During the build up to the hearing, just knowing that there was someone at the other end of the phone to say 'it will be fine' was very important given my level of stress and anxiety at the time. I hope to not need an employment solicitor for the remainder of my working life for obvious reasons but if I do, he'll be the only one that I call. In the meantime I'll take him out for a drink to say thanks. I am extremely happy with RT Coopers as a firm and feel very loyal to them as due to the volume of calls I made to the firm I'm pretty sure that I spoke to most of the employment team there and they all remembered me and were all very pleasant, reassuring and helpful.' - J.F.

'I attended RT Coopers for advice on an employment matter. The consultation was exactly what I needed, and the firm and its premises were new, fresh, and not at all stuffy like some law firms can be! I only visited the once for a consultation but I was able to renegotiate aspects of the contract that my company had given me which I wouldn't have known about had I not made the visit. I valued the fact that I could go through everything step by step with the solicitor who advised me, who knew his stuff and was very patient! I would certainly recommend RT Coopers to anybody requiring employment law advice.' - A.M.

'Thank you for your advise on the compromise agreement. I am very impressed by your patience and professionalism, which made it very easy. Since my first call to the Firm, I could already sense a genuine interest in your clients. I have not been disappointed. I am delighted to have contacted your offices, and am glad I made the right choice.' - F.M.

Entries Tagged as 'Payment Terms'

Employment Lawyers – Compromise Agreement – Employment Lawyers London – Empolyment solicitor – unfair dismissal

July 20th, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Payment Terms, Payment in Lieu of Notice, Redundancy, Redundancy Pay, Settlement Payment, Severance Pay, Signing Compromise Agreements, Statutory Redundancy Pay, Unfair Dismissal

As employment lawyers, we have been advising many employees this month on their offers. On a practical note, if you are an employee and have been offered a severance pay, before you decide to reject this offer and claim unfair dismissal, please take advice on the offer. In a number of cases, we found that [...]

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

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 [...]

Employment Law Advice – Employment Lawyer – Compromise Agreement – Employment Solicitors

June 27th, 2010 · 2 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors, Notice Periods, Payment Terms, Payment in Lieu of Notice, Redundancy, Redundancy Pay, Settlement Payment, Severance Pay, Signing Compromise Agreements, Statutory Redundancy Pay

It is important to note that a contract of employment must include at the least the statutory minimum notice period. Where an employment contract contains a notice period that is less than the statutory notice period, this clause would be void. The current statutory minimum notice periods are as follows:

One week if the employee’s period [...]

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 Terms, Payment in Lieu of Notice, Redundancy Pay, Settlement Payment, Severance Pay, Statutory Redundancy Pay, Taxation, Termination Date, Termination Payment, Termination of Employment, 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 pay the employee £[anything [...]

Employment Lawyers – Payment in Lieu of Notice – Employment Solicitors – Compromise Agreements Solicitors

June 8th, 2010 · 2 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Consultation, Employment Lawyers, Employment Solicitors, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Payment Terms, Payment in Lieu of Notice, Payment of Normal Salary, Post Termination Restrictions after Signing a Compromise Agreement, Settlement Payment, Termination Payment, Without Prejudice Discussions, Your Compromise Agreement is a Binding Contract

Employees are constantly asking us whether their payments in lieu of notice (PILON) ought to be taxed. The answer is yes, theywill be taxed in the usual way plus national insurance will be payable. Any PILON will be included in an employee’s compromise agreement.
If you require further information please contact us at enquiries@rtcooperssolicitors.com or visit one of [...]

Compromise Agreements – Termination Payments including Payment in lieu of Notice

April 25th, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Payment Terms, Payment in Lieu of Notice, Payment of Legal Advisers, Payment of Normal Salary, Redundancy Pay, Settlement Payment, Statutory Redundancy Pay, Termination Date, Termination Payment, Your Compromise Agreement is a Binding Contract

Employees should pay particular attention to ex-gratia termination payments which are stated to include compensation for failure to give the employee the full contractual notice (of termination), due to the tax implications in respect of the contractual notice payment element.
If you require further information please contact us at enquiries@rtcooperssolicitors.com or visit one of the following [...]

Compromise Agreements – Banked Holidays

April 13th, 2010 · No Comments · About Compromise Agreement Blog, Banked Holidays, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Entitlement to Untaken Accrued Holidays, Payment Terms, Payment in Lieu of Notice, Payment of Legal Advisers, Payment of Normal Salary, Redundancy, Redundancy Pay, Settlement Payment, Signing Compromise Agreements, Statutory Redundancy Pay, Untaken Holidays, Your Compromise Agreement is a Binding Contract

Some employers are including banked holidays as part of the settlement payment for employees that are facing redundancy. Therefore, if you are an employee facing redundancy, please check with your employer to see whether banked holidays would be taken into account in determining your settlement payment.
If you require further information please contact us at enquiries@rtcooperssolicitors.com [...]

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Employment Lawyer – Termination Payment – Compromise Agreement – Redundancy Payments

March 25th, 2010 · 1 Comment · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Payment Terms, Payment in Lieu of Notice, Redundancy, Redundancy Pay, Settlement Payment, Signing Compromise Agreements, Statutory Redundancy Pay, Termination Date, Termination Payment, Termination of Employment

High earning top executives are definitely receiving higher pay outs. Such employees termination payment would typically comprise::

An amount as a redundancy payment (including a statutory redundancy payment (“Redundancy Payment”);
An amount as compensation payment for loss of notice of the Employee’s notice period (“Notice Compensation Payment”); and
An amount as compensation for loss of employment (“ Ex Gratia Payment”);

This [...]

Employment Lawyers – Termination – Constructive Dismissal – Payment in Lieu of Notice (PILON) – PILON Payment or Termination Payment?

January 15th, 2010 · 5 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, National Insurance Contributions, Payment Terms, Payment in Lieu of Notice, Post Termination Restrictions after Signing a Compromise Agreement, Redundancy, Settlement Payment, Termination Date, Termination Payment, Termination of Employment

Recent Case: Employment Law: Termination – Constructive Dismissal – Payment in Lieu of Notice (PILON) – PILON Payment or Termination Payment?
In this case of Clinton v HMRC [2010], an employer sought to terminate the employment of an employee and the employee sought to bring a claim for constructive dismissal against the employer. The employer paid [...]