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Changes to Employment Law Hailed as Solution to Struggling British Economy, Reports Thomas Mansfield
Changes to Employment Law Hailed as Solution to Struggling British Economy, Reports Thomas Mansfield
Thomas Mansfield urges employees and employers to become acquainted with the changes to compromise agreements as soon as possible
Croydon,
Surrey,
United Kingdom
(pr4links.com)
02/11/2012
Although UK unemployment is now at a 15-month low of 7.9%, the British economy remains sluggish. While economists argue over whether the GDP data for the UK is accurate or not, one thing is for certain the UK is not out of the woods yet; even if it is in positive growth, there is still a long way to go before businesses and consumers alike can reap the fruits of their labour.
In an effort to give the UK business environment a boost, the coalition government has announced plans to replace compromise agreements with settlement agreements.
Compromise agreements were agreements, made in confidence, between employers and employees to deal with disputes, dismissals or redundancies. Employers could offer a payout in return for silence from an employee and to prevent an unfair dismissal claim from coming to court.
Settlement agreements take this one step further and will make it easier for employers to fire under-performing employees in return for a pay off. Settlement agreements will be rolled out more broadly and the government claims they will make like more straightforward and transparent for both employers and employees.
However, not all parties agree. Some trade unions claim settlement agreements favour employers and will take power away from employees to bring employers to justice over unfair dismissals.
Thomas Mansfield, a nationwide firm of independent employment law solicitors, says both employers and employees need to be aware of the changes and how they will affect each party. It advises employees to seek legal expertise when considering settlement agreements to ascertain whether they are the right course of action or whether another route may be more fitting.
The British legal system is complicated, convoluted and in many instances archaic. The average UK employee is unlikely to know all the ins and outs of the legal system and professional assistance is vital to securing a favourable outcome.
Media Contact Information:
Nita Newsome
Telephone: 0845 6017756
E-mail: nita.newsome@thomasmansfield.com
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The British legal system is complicated, convoluted and in many instances archaic. The average UK employee is unlikely to know all the ins and outs of the legal system and professional assistance is vital to securing a favourable outcome.
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