Can I get a Compromise Agreement after Redundancy?

The start of the credit crunch has been pinpointed to 9th August 2007. Almost three years later, companies are still finding themselves hard-hit by the economic downturn. Businesses are being forced to make redundancies in their work force. This can involve a reduction in the type of job required or possibly the complete closure of a business or department. In any case the total reorganisation of a workforce could leave you out in the cold. The use of compromise agreements in redundancy is often initiated by employers. Even though the termination of your contract may not be contentious, your employer may still want to make sure that no employment tribunal claim is brought against them. For an employer it’s a no-brainer, the extra cost of a compromise agreement is trivial compared with the legal fees, stress and time lost to contest a Tribunal claim. As an employee who’s contract is being terminated, why should you sign something which waives your right to make any future claims against your employer? The compromise agreement will turn your redundancy package into a full and final settlement. It is your opportunity to get the best deal for you. The agreement can provide full details of what compensation you will receive and what proportion of this will be tax-free. As well as this, it allows for rules to be agreed, such as the employee working for fellow competitors or certain customers, if this is not already covered in the service contract. However you may have been left thinking, ‘why was I chosen?Employees often get the impression that their particular redundancy was unfair, sometimes they...

Beware of What’s in Your Rental Agreement

Most people out there do not read their whole Rental Agreement. They have no idea what they just signed. They are just in a hurry to get a roof over their heads. This may lead to heartache down the road. There may be something so simple in there, as you can’t wash your car. Then a nice sunny day comes along and you put on your bikini and get a bucket of water. The next thing you know the Manager comes out and informs you that you violated your Rental Agreement. You didn’t even know that clause was in there. But there is warning number 1! The first thing one must do is read every sentence. If you are in hurry please do not just sign the Rental Agreement and go. Ask if you can take it with you and bring it back later. I don’t care how fine the print is, read it! If you have to get a magnifying glass to do so, do it! I’ve read Rental Agreements that say you can’t have air conditioners in your window. The worst part is, the apartment did not come with one and is was known to get to 115 degrees during the day. You don’t want that to happen to you. The second, if you do not understand something, do not sign it! Ask the landlord what it means. If he/she does not explain it to your liking, take it with you. Take it to your parents, they understand a lot more than you think they do. If this is not possible take it to a friend. Do...

Renter and Owner Protection With a Written Agreement

It is important for property owners and renters to protect themselves when renting a property. A needed form of protection is a rental agreement which is an agreement between the property owner and the person making the rental so that all of the details are agreed upon by both parties. This agreement should be in written form, not verbal, so there is no room for misunderstanding if questions should arise later, all problems need to be analyzed and anticipated!No matter how simple or straight forward the agreement may seem, always make sure it is in writing and signed and dated by both parties. A rental agreement should contain all aspects of the rental that are discussed between both parties, such as; the amount of the security deposit, the monthly rental cost, if any upgrades will be made by the owner during the rental period or if compensation will be made to the renter for any upgrades approved by the owner, and a list of any problems with the property before the renter accepts responsibility of the property. It is very important to conduct a walk through with the owner and make written notes of any damages to the property and what steps will be taken concerning these damages before signing any agreements. Also, the agreement should contain any provisions concerning the length of occupancy and the length of notice needed when planning to vacate the property. If, after a certain amount of time, provisions need to be made to the agreement, both parties need to sign and date that they acknowledge any additions or deletions. A rental agreement is...

What You Should Look For in a Rental Agreement

Entering into Rental Agreements can be long and complex if you do not know what you are looking for. Every Rental Agreement is broken down into different sections explaining your responsibilities as the Lessee, and the responsibilities of the Lessor. Whether you are renting from a Property Management company or from a private homeowner there are a lot of things that the potential Lessee should be looking for. A large part of the maintenance of the property is completed by the home owner. This could be including but not limited to any major appliances, the main structure of the home, the roof, heating system, electrical and plumbing. However, minor maintenance of the property is usually left up to the Lessee. These responsibilities are listed on the rental agreement and can include maintaining the lawn, replacing the air filters, replacing batteries in all co2 and fire detectors, and general cleanliness of the property. Reading the move out instructions is also very important. All renters will be responsible for completing a small list of items when vacating the property. If the Leese has any questions about the move out instructions or any items on the rental agreement they should be addressed before signing the Lease! Also, if you have or plan on getting a pet be sure to check all pet policies in the Agreement to make sure you know your responsibilities and deposits. Consulting a local Realtor can also be very helpful if the potential renter is having any trouble understanding the rental process, or the agreement. As with any contract be sure to read the entire agreement and again...

Create a Winning Custody Agreement

In order to get the time you want with your child, you have to have a winning custody agreement. Having a winning agreement means that when you present your plan to the child’s other parent, the court, or mediation they accept it. The good news is that if you’re willing to put in some time and energy, you can get the parenting plan that you want. The first thing you need to create your custody arrangement is some peace and quiet. For some people, finding the time and the space to think about and make their plan is the hardest part of the process. Try to set aside a two hour block of time (you may need to set aside a few blocks of time depending on how complicated your schedule is). Pick a place where the interruptions will be infrequent and you’ll be able to think deeply about your custody situation. Your approach to drafting a custody agreement depends on what type of case you’re involved in. If you have a relatively peaceful situation where you and the child’s other parent suggest ideas and make changes until things are settled then you don’t have a lot of pressure. If you are in a raging custody battle then you will need to do some additionally preparation. Every custody situation needs a concrete custody and visitation schedule. This is a good place to begin. Decide on your basic, rotating schedule and apply it to the year. If you are preparing a court case to get the schedule you want, you want to be sure to make a very thorough schedule...
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