settlement agreement

Settlement Agreements

What 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…

Settlement Agreements

What 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…

Employment Tribunal’s Enforcement Regime

On 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…

Parental Allowance & Payments

Pay Updates

Minimum 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…