In terms of redundancy and compromise agreements, confidentiality means that you cannot disclose, not only the agreement itself, but also the fact that you entered into the agreement, as well as its terms. You should also make sure that before disclosing anything to your spouse or partner that you are able to do so as [...]
Entries Tagged as 'Redundancy law'
Employment Law, Compromise Agreements, Confidentiality, Post-Termination Restriction
January 31st, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, HMRC, 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, Restrictive Covenants
Tags: Compromise Agreements·Confidentiality·employment law·Post-Termination Restriction
Employment Law, Compromise Agreements, Ex Gratia Payment, Negotiations
January 18th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Ex Gratia, Negotiating a Settlement, Redundancies, Redundancy, Redundancy law, Redundancy Pay
It is advisable that employees try to negotiate the ex gratia settlement payment with their employer as early as possible, to maximise the amount they can get. This is especially the case if the employees have any unresolved grievances or appeals. These can be used as leverage in trying to get better payment than may [...]
Tags: Compromise Agreements·employment law·Ex Gratia Payment·Negotiations
Employment Law, Restrictive Covenants, Employment Contracts, Compromise Agreements
January 17th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors, Independent Legal Advice, Non Compete, Non Solicitation, Post Termination Restrictions after Signing a Compromise Agreement, Redundancies, Redundancy, Redundancy law, Restrictive Covenants
We often advise on other post-termination provisions (that is, aside from confidentiality), including non-solicitation and non-compete provisions. Non-solicitation provisions prohibit ex-employees from soliciting/dealing with certain individuals closely related to their ex-employers (employees, customers and suppliers). Non-compete provisions prohibit ex-employees from setting up a business which may be seen as a competitor to the ex-employer. Normally, [...]
Tags: Compromise Agreements·Employment Contracts·employment law·Restrictive Covenants
Employment Law, Restrictive Covenants, Employment Contracts, Compromise Agreements
January 12th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors, Redundancies, Redundancy, Redundancy law, Restrictive Covenants, Termination of Employment
Employees should be mindful of restrictive covenants such as confidentiality provisions contained in employment contracts, which apply post-termination. These are normally contained in compromise agreements as well as employment contracts. If you require further information about redundancy law, please contact us at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law: http://www.rtcoopers.com/practice_employment.php http://www.rtcoopers.com/faq-redundancyemployee.php http://www.employmentlawyersinlondon.com/video.php http://www.employmentlawyersinlondon.com [...]
Tags: Compromise Agreements·Employment Contracts·employment law·Restrictive Covenants
Employment Law, Indemnity, Tax, Compromise Agreement
January 11th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, HMRC, Indemnity, Independent Legal Advice, Redundancies, Redundancy, Redundancy law, Taxation
Usually there is a tax indemnity in a compromise agreement, meaning if Her Majesty’s Revenue & Customs (formerly Inland Revenue) makes claims for penalties from an ex-employer, the ex-employee has to indemnify the ex-employer for any taxes due. This would apply if for example, there has been a miscalculation of taxes payable under the compromise [...]
Employment Law, Redundancy, Holiday, Payment in Lieu of Notice
January 10th, 2012 · No Comments · 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, Entitlement to Untaken Accrued Holidays, Holiday Entitlement, Independent Legal Advice, Payment in Lieu of Notice, Redundancies, Redundancy, Redundancy law, Taxation, Untaken Holidays
With regards to compromise agreements, it is always advisable to clearly set out any untaken accrued holidays and payment in lieu of notice and to show these separately, as they are both taxable. If you require further information about redundancy law, please contact us at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law: http://www.rtcoopers.com/practice_employment.php [...]
Tags: employment law·Holiday·Payment in Lieu of Notice·Redundancy
Employment Law, Redundancy, Enhanced Redundancy Pay, Statutory Redundancy Pay
December 16th, 2011 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Enhanced Redundancy Pay, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Statutory Redundancy Pay
In some cases employees can accept compromise agreements without going through the redundancy process. This could mean receiving an enhanced redundancy payment rather than a statutory payment. If you require further information about redundancy law, please contact us at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law: http://www.rtcoopers.com/practice_employment.php http://www.rtcoopers.com/faq-redundancyemployee.php http://www.employmentlawyersinlondon.com/video.php http://www.employmentlawyersinlondon.com http://www.compromiseagreementlonuk.com/ © RT [...]
Tags: employment law·enhanced redundancy pay·Redundancy·Statutory 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
Employment Law, Redundancy, Payment in Lieu of Notice, Settlement Payment
December 14th, 2011 · No Comments · 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, Independent Legal Advice, Payment in Lieu of Notice, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Taxation
In order for an employer to provide an employee with payment in lieu of notice, this must be referred to in the employee’s employment contract. Some employers are incorporating the notice period as part of the settlement payment, which is tax free. We always advise that there is a risk that Inland Revenue may decide [...]
Tags: employment law·Payment in Lieu of Notice·Redundancy·Settlement Payment
Employment Law, Redundancy, Re-employment, Compromise Agreements, Redundancy Payment
December 13th, 2011 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Re-employment, Redundancies, Redundancy, Redundancy law, Repayment of Redundancy Pay
We have seen employers implementing a practice whereby, they make employees redundant in the hope that once the climate changes, they would re-employ them. Those employees should note that if they are re-employed within two years of being made redundant, they would have to repay their redundancy payment. This is something which is usually included [...]
Tags: Compromise Agreements·employment law·Re-employment·Redundancy·Redundancy Payment