On 18th August 2020, Marks and Spencer announced that it was to cut 7,000 jobs (see BBC News) - devastating news and my thoughts go out to those affected.
The company...
Calculation of a weeks pay for redundancy and settlement agreements following furlough
On 31 July 2020, the Employment Rights Act 1996 (Coronavirus, Calculation of a Week's Pay) Regulations 2020 came into force. The purpose of the Regulations is to require calculation of certain statutory...
How much should my settlement agreement figure be?
How much should your settlement agreement compensation be? This guide explains our settlement agreement calculator in more detail. Want a better deal? Get in touch today.
House of Commons spends £800,000 on Settlement Agreements with staff
The House of Commons has apparently spent more than £800,000 in settlement agreements given to employees since 2017, reports the BBC. Moreover, a Freedom of Information Request shows that £2.4 Million was paid under...
Going to be Made Redundant? Here’s five tips for job hunting in 2020.
Soon to be job hunting? Here’s 5 top tips for you if you’re at risk of redundancy or just fancy a new challenge after furlough.
📝 update your CV🎟 network🖇...
JCB look to make up to 1500 employees redundant due to Coronavirus
- Digger maker says 500 agency workers to be laid off
- 950 further staff under threat despite extension of Covid-19 furlough scheme
- Order book...
Is a Compromise Agreement the same as a Settlement Agreement?
There's still a lot of people who search online for a compromise agreement or compromise agreement solicitor, rather than the more modern name of settlement agreement.
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Case Study: Redundancy Following Furlough Leave Due To Coronavirus
Have you been given a settlement agreement because of redundancy following a period of furlough leave? Here's a case study of a recent client we advised with a settlement agreement within 24 hours of instructions....
British Airways to Make up to 12,000 Workers Redundant
It is perhaps inevitable in the current COVID-19 environment, but always sad to see large employers making mass redundancies.
See news story here.
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What they don’t tell you about employing people and Employment Law – it is not a minefield!
This article was first featured in Your Best Kept Business Secret Magazine which you can download here: https://marcford.uk/ybkbs-magazine/
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