News0 min ago
Compromise Agreement
I have worked for a huge global/international corporate law firm for five years, I was also off for 18 months (paid by insurance company) and returned again to work only it has not worked out as they have not fulfilled all the suggestions/recommendations made by Occupational Health / Medical Examiner, etc. I have been unable to carry out the work ratio they expect of me and after being back for nearly a year, I feel as if I am getting ill again. The company acknowledge that my attitude and commitment has been exemplary, however its not working and they have agreement to pay me off by mutual agreement and/or compromise agreement.
What kind of money should I expect - I have been earning £35,000 plus benefits so please do let me have your comments.
Many thanks
What kind of money should I expect - I have been earning £35,000 plus benefits so please do let me have your comments.
Many thanks
Answers
Best Answer
No best answer has yet been selected by selwyn_42. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Well I would have thought it sifficient to pay you your notice period- maybe 3 months but from what to say they may be prepared to pay more. But remember if you ask for too much they could just go down the incapability route and make work uncomfortable for you.
What amount are you looking for?
You may be best getting a solocitor- will the company pay for one?
What amount are you looking for?
You may be best getting a solocitor- will the company pay for one?
-- answer removed --
£25k
Unless the law has changed, the employer has to fund the cost of a solicitor to advise you about the implications of the compromise agreement you would be signing - since that solicitor is being funded by the employer they probably won't propose an alternative figure.
Then again, there are few benchmarks for this.
Unless the law has changed, the employer has to fund the cost of a solicitor to advise you about the implications of the compromise agreement you would be signing - since that solicitor is being funded by the employer they probably won't propose an alternative figure.
Then again, there are few benchmarks for this.