UK Solicitors: Compromise Agreement In York

 In Employment - Case Study

Are you considering offering a compromise agreement to an employee to resolve the workplace dispute at your organisation in York? The intelligent resourceful and skilled legal team at Oakwood Solicitors could work with your company to negotiate and draft a compromise agreement now termed a “settlement agreement” with an employee of your company to swiftly and efficiently put an end to a dispute and their contract of employment whilst also achieving the best possible most cost-effective outcome for you.

Pay and Benefits Magazine published an article on 30 July 2013 reporting on the employment law reforms that have been brought in at the end of July.

The article informs us that “Settlement Agreements an unfair dismissal compensation cap and knew tribunal rules and fees have all come into force”.

Joe Swinson Parliamentary Undersecretary of State for Employment Relations and Consumer Affairs is reported to have said: “These are intended to provide greater flexibility greater certainty at the end of the employment relationship and greater confidence and consistency in the employment tribunals system.”

The article also tells is that “She added that Settlement Agreements could provide a “consensual and beneficial end to the employment relationship” and avoid the cost of a tribunal”.

Are you in search of expert legal advice regarding the differences between a compromise agreement and a settlement agreement as you are looking to effectively terminate a contract of employment of an employee at your organisation in York and want to ensure that you are fully comply with all current employment legislation when you do so? Then you should make a no obligation call to discover how the employment and commercial law specialists at Oakwood Solicitors could provide the accurate advice that you require and work with you to get the best interests of your business whilst also coming to an amicable agreement with an employee of your company.

The above-mentioned article further explains the recent changes saying that “A cap of 12 months’ pay has been introduced in addition to the existing limit of œ74200 for unfair dismissal compensation. The lower figure would be applied depending on the individual case.”

It adds that “The new tribunal rules aim to make the process easier and more efficient. The fees ? which could total œ1200 ? hope to encourage disputes to be settled earlier.”

The article also goes on to say “The Minister also announced the publication of the government’s response to the consultation on how early conciliation might work in practice. The provision which is scheduled for implementation in early 2014 obliges individuals to approach a cast to explore conciliation before submitting a claim to an employment tribunal. There have been those potential changes although the proposed model has been updated.”

The highly qualified and experienced legal team at Oakwood Solicitors could provide the accurate advice and guidance that you require on the change in employment law with regards to a compromise agreement and a settlement agreement as well as help you make negotiations and draft any necessary paperwork the formal agreement with an employee to end their contract of employment with your company in York; so call our helpful advisers today on: 0113 200 9720.


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