Negotiated exits: how to secure the best deal
Despite presiding over an IT meltdown earlier this year at high street bank, TSB, it has been reported that CEO, Paul Pester, walked away with a significant sum after resigning with immediate effect at the start of September. Clearly he… Read on
I’m being dismissed: do I need a settlement agreement?
Not every employer will offer every employee a settlement agreement on the termination of their employment. Does this matter? What are the benefits of a settlement agreement for employers and employees? And, do you have to use a lawyer (and… Read on
Top tips for a negotiated exit
Many people’s employment will end as a result of a mutually agreed settlement with their employer. This ensures that both parties can end their employment relationship formally – usually with the payment of a termination package recorded in a settlement… Read on
Redundancy fact sheet
Our latest fact sheet looks at redundancy. Our series of factsheets is intended to cover topics which individuals may find of particular interest or, which are universally relevant but tricky to navigate. Our aim is to give basic facts about… Read on
Ex-employee fails to prevent negative reference from employer
Just how careful does an employer need to be when writing a reference that contains negative opinions? A recent High Court case brings some much-needed clarity to the murky issue of what employers can and can not say when giving… Read on
Taxation of termination payments: some changes delayed
It was previously announced that the Government intended to start charging employer National Insurance Contributions on termination payments above £30,000 from April this year. However, it has now been confirmed that this change will not take effect until April 2019.… Read on
Were the parties bound by settlement agreed between their solicitors by email?
Yes, said the court in the case of Bieber & others v Teathers Ltd (in liquidation). Background During negotiations, the claimants in this matter accepted a settlement offer from the defendant, by email. The offer focused exclusively on the sum… Read on
What does “without prejudice” mean?
Discussions between an employer and an employee are “without prejudice” where the discussion is with a view to settling an existing claim. This means that, where there is an Employment Tribunal claim, or a dispute that might lead… Read on