Has your employer provided you with a director’s redundancy agreement? Perhaps you are an employer and are considering terminating the employment of a company director by way of a redundancy agreement? Poole Alcock has expert employment solicitors with years of experience who can help you with redundancy agreements and related legal issues.
Our employment law experts specialise in reviewing and advising on company directors’ redundancy agreements. They also specialise in preparing director’s redundancy agreements for employers. Whichever side of the fence you are on, you can be sure that they can provide you with quality, easy to understand advice on employment contract issues, statutory redundancy payments and more.
A director’s redundancy agreement is a legally binding document that sets out the terms between employers and company directors regarding the termination of employment. The terms of a director redundancy pay agreement vary case by case, however there will always be provisions in regards to redundancy payments compensation, confidentiality and legal advice and fees. The employer will usually agree to pay for the employee’s legal fees in receiving advice on a company director’s redundancy claims.
You will get a speedy response – most settlement agreements that we deal with can be turned around within 48 hours. If necessary we also offer a same day service for urgent enquiries.
Your employer will cover the legal fees associated with settlement agreements/compromise agreements, so there’s no cost for you.
Our team of specialist, Law Society accredited employment solicitors have a wealth of knowledge and experience in dealing with settlement agreements. We can advise you through this difficult time, check everything is fair and making sure you get what you are entitled to.
Yes – many directors are entitled to redundancy payments or agreements in the event of company closure or liquidation. The redundancy entitlement or amount may vary depending on specific circumstances, and may require some legal navigation. If you’re wondering ‘how do directors claim redundancy?’, our employment law experts can help with our director’s redundancy payments calculator and provide tailored, personal advice.
Company directors’ redundancy payments are calculated by taking into account your age, salary, contract of employment and years of service. Use our redundancy calculator to find out how much you may be entitled to if you’re made redundant.
Click here to go to our redundancy pay calculator.
We advise contacting our employment solicitors to discuss the figures in more detail, as you may be entitled to enhanced compensation based on your personal circumstances.
For an appointment to discuss company directors’ redundancy entitlements or for any more information on your contract of employment, please contact us online. We can provide advice in person, over the phone or via video link for your convenience.
We are on hand to advise you during this difficult time. Specialising in all areas of law, we offer a modern service with traditional values, giving you the complete legal service whenever you need us.
We are a leading team of HR and Employment Law solicitors with specialist teams based in offices across Cheshire, Manchester and Birmingham.
Poole Alcock LLP is a Limited Liability Partnership and is authorised and regulated by the Solicitors Regulation Authority. Registered in England and Wales at: Minerva House, Gadbrook Park, Rudheath, Northwich, Cheshire CW9 7RA. Telephone: 01270 625478. LLP registration number 0C310420 Poole Alcock LLP has offices in Alsager (SRA No: 408249), Congleton (SRA No: 408248), Crewe - Nantwich Road (SRA No. 639144.), Nantwich - The Dowery (SRA No: 408250), Northwich (SRA No: 408247), Sandbach (SRA No: 408252) and Wilmslow (SRA No: 654460). The firm's VAT number is 278 8524 07. A list of members is available for inspection at any of our offices. We use the word "partner" to refer to a member of the LLP. All solicitors are subject to rules and principles of professional conduct. The SRA Standards and Regulation including our code of conduct can be found at SRA | SRA Standards and Regulations | Solicitors Regulation Authority
You can rest assured that our employment law experts are on hand to help you at every step. They will provide you with straightforward, timely advice and support whenever you need us. If you would like to complete the required legal checks that will allow you to access your redundancy money from your employer, please call us on 01270 625478 or complete the form below.