Brexit and financial services Six months to go. The inevitability of Brexit is now pretty much universally accepted. In a best case scenario, agreement will be reached on the terms on which the UK leaves the EU in time for a no-deal scenario to be avoided. This will be combined with a political declaration as…
Every employee is entitled to receive a statement of terms of employment. This may be a simple statement issued by the employer, a short contract signed by both parties, or a more detailed document addressing particular commercial issues.
Directors and senior executives usually require more detailed agreements than junior staff. There may be special entry terms and ongoing benefits, and there will certainly be a need to consider the effects of termination of the relationship.
What notice period is appropriate?
Should there be a right to put the employee on garden leave?
What damage could the employee do to the business – so what restrictive covenants should be imposed?
Our employment team can advise you on these and the other issues that arise when engaging senior executives, and on the appropriate form of contract.
Whatever your business needs, Our employment team can advise you on the appropriate form of contract documents, and on good policies and procedures to regulate your relationships with your employees satisfactorily.