Settlement Agreement Lawyers & Solicitors – Redundancy

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Compromise Agreements, Enployment law, Redundancy, Collective Compromise Agreements, Enhanced Redundancy Pay

August 16th, 2011 · No Comments · Compromise Agreement Collectively Agreed, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Payment Terms, Redundancy, Redundancy law, Redundancy Pay, Settlement Payment, Severance Pay, Termination Payment

As more and more employers are making hundreds if not thousands of employees redundant, we are seeing a number of compromise agreements that have been collectively agreed. In such cases, employers are refusing to change the terms of the compromise agreements for any one employee on the basis that the agreements were collectively agreed.

Employees must be even more aware of their positions in such cases.

If an employee refuses to sign a compromise agreement in such circumstances, then the employee will not receive an enhanced redundancy pay.

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