Irvings
Redundancy & Compromise Agreements

 
Redundancy

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When it becomes the time for the boss and a member of staff to part company and there is an employment settlement or a redundancy payment, both sides may want to have the severance deal recorded in an employment Compromise Agreement.

A compromise agreement is an agreement which sets out the terms of the deal between employer and employee. The important matter is that if it is counter signed by an employment lawyer on behalf of the member of staff then the employer is protected against being taken to an Employment Tribunal. For that reason many employers will contribute to the employment adviser's bill. If you are an employee make sure they make that offer!

The agreement is also vital to the potentially redundant employee to ensure that he gets proper severance pay and pays as little tax on it as possible. We can draw such agreements for employers and advise and approve them for employees.

If you would like us to look at your Compromise Agreement, please email it to us as an attachment by clicking [ HERE ]. In your email, please let us know contact details, your age, your start and proposed finish dates with your employer and your current salary.


Phone or fax us or use the email link on this web site.


 
Irvings Solicitors

21 Ashbourne Road, Derby,   DE22 3FQ, England
01332 346036 - or - 01332 297337


Our partners are L G Conner LLB, A R Picken MBA, BA,
who are solicitors of the Supreme Court of England and Wales, authorised & regulated by the Solicitors Regulation Authority, No 261478.

Our professional rules are located at www.sra.org.uk - Code of Conduct page. VAT Regn No: 126344289.
 
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Last updated: July 8th, 2014.