We can note that since the fees have been abolished the number of single claims have doubled. It hence clear that the fees were putting off people from making a claim against their employer. Over the three months to December 31st, around 8,000 single claims were filed at the Tribunal. This means that there was…
DetailsAre ex gratia payments taxable in my Settlement Agreement? As a general rule, the first £30,000 of the compensation will be tax free. If a Settlement Agreement offers compensation which exceeds £30,000, the sum over and above £30,000 will be taxable. Ex gratia payments are the non- contractual payments paid by your employer as compensation…
DetailsIf your job is being terminated, your employer will want to avoid issues such as arguments over severance payments or being taken to court. Your employer in such cases will usually offer you a settlement agreement. The centre of the settlement agreement is that you will not pursue any employment law claims against your employer…
DetailsWhat are the requirements for a Settlement Agreement to be binding? It must be in writing and be in relation to a specific complaint or dispute. The employee must make sure to get advice from a qualified individual (lawyer or authorised union member) Their must be insurance covering the advice being given. It…
DetailsWhat is a settlement agreement? This was formerly known as a compromise agreement. A settlement agreement is a contract which is legally binding and it is entered into between the employer and the employee. The aim of the Settlement Agreement is for the employee to waive any rights of action (including making a claim in…
DetailsThe government has now published The Equality Act 2010 (Gender Pay Gap Information) Regulations 2016, these are estimated to come into force on 1 October 2016. Employers with 250 or more employees in the private and voluntary sectors must publish an annual report with details of their gender pay and bonus gap. The first report…
DetailsEmployers who supplement their written employment contract with extra policies and procedures (either separately or in a staff handbook), can either include these specifically as part of the employment contract or alternatively, as guidance which is not part of the contract between the parties. A written statement to the effect that a staff handbook or…
DetailsOn April 6th 2016, Section 150 of the Small Business Enterprise and Employment Act 2015 came into force, introducing a scheme to enforce Employment Tribunal awards and ACAS negotiated settlements (Under the COT3 procedure). “Enforcement Officers” are now at liberty to issue a Warning Notice where a payment due under a Tribunal Award or COT3 settlement (or…
DetailsMinimum Wage As mentioned previously, the new “Living Wage” now provides a minimum wage of £7.20 per hour with effect from 1st April 2016. For employees under age 25 the rates remain the same as those set last October. Parental payments Statutory Maternity Pay, (after the first 6 weeks), paternity pay and adoption pay have…
DetailsOn the 1st April the Government introduced the National Living Wage. The new Living Wage for workers who are 25 and over is £7.20 and this is a COMPULSORY rate. Therefore employers must ensure that the new rates are being paid. If an employer fails to pay the correct rate this could lead to hefty…
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