Richmond, Surrey (PRWEB UK) 24 October 2012
Facing redundancy or dismissal is a difficult time. Not only is there is the job search, the review of the household finances and the emotional upheaval but also the legal issues that accompany redundancy or termination
Negotiating a good exit settlement can help soften the blow. The settlement will outline the terms of departure and how much money an employee will receive. Generally, it is reasonable for an employee to ask for a reference, key for finding new employment, particularly in today’s difficult job market.
However, before any settlement can be signed, employers will ask employees to sign a Compromise Agreement, where an employee gives up their rights in exchange for the settlement.
“For any Compromise Agreement to be legally binding, an employee must have received independent legal advice,” explains Richard Mullett of The Legal Partners. “The face to face consultation with an independent advisor, which is usually paid by the employer, is essential to ensure that the employee really understands the implications of their settlement terms. Your solicitor will sign a certificate confirming that you have received advice and this will form part of your settlement agreement.”
To help employees navigate through the legal process, an informative guide on Compromise Agreements has been produced by The Legal Partners, a Richmond based legal firm. The free E-book gives a step-by-step guide to the Compromise Agreement process.
Download a copy of “Need advice on your Compromise Agreement? How To Negotiate A Successful Settlement With Your Employer “ http://www.thelegalpartners.com/compromise-agreements.htm
The Legal Partners is an established HR and employment legal firm, based in Richmond, London, Surrey – right opposite Richmond station. They offer employment legal advice to individuals and employers. Think of The Legal Partners as your in-house legal and HR department removing the legal headaches and helping your company fly.
For further information, please contact:
The Richmond Marketing Consultancy Limited
Email: pam (at) richmondmkt (dot) co (dot) uk
Tel: 0777 1998 185
Marketing Manager The Legal Partners
Philippa.mullett (at) thelegalpartners (dot) com
Tel: 07711 90 43 96