The increase in clients looking for advice on Settlement Agreements after the referendum has been quite startling.
However, many of these are not directly affected by the economic outlook. Notably, the public and education sectors are making significant changes due to broader reasons: tightening of belts under the on-going ‘austerity measures’ brought in by George Osborne.
As the recent Lloyds redundancies illustrate, increasing profits doesn’t necessarily mean that jobs are safe. The feeling is that many employers are jumping on the ‘Brexit Bandwagon’ to justify awkward staff cutting initiatives, some of which are more driven by larger profit than economic downturns.
Employers traditionally downsize in periods of uncertainty and the trend seems to be more towards efficiency and outsourcing (in which case employers should look out for TUPE).
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Settlement Agreement Solicitors in London
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Understanding Conflict Just to recap…in my June update I introduced a favourite book of mine- Conflicts A Better Way to Resolve Them by Edward […]
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Anyone who has been through a full-on employment dispute will understand just how distressing and wasteful the experience can be. […]
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When you’re offered a Settlement Agreement there’s probably a lot on your mind: paying the bills; Cost of Living…the job market not least what to say to your family.