Employment Lawyers Can Answer Your Employment Law Questions
Hello, my name is***** am a qualified lawyer and I will be assisting you with your question today.
Have they offered you a settlement agreement? Please note I am mobile today so may not be able to reply immediately thanks
Hi there, I would strongly recommend that before you make a formal decision like opting put, you try and agree a settlement agreement with the employer. Under such an agreement they promise to pay you a specific amount on termination and in turn you agree not to claim against them. It is essentially a clean break between you. The benefit is that you know exactly where you stand and what you will receive on termination.
If you were to opt out of the transfer, then you are officially resigning, unless the current employer decides to keep you. What they could do if they really wanted to is state that once you opt put they no longer want you and leave you to resign and get no redundancy. They may not and be fair but it is a potential risk so be aware of it.
If you did opt out and remained with the current employer then you would no longer be tied in to the new employer so even if they do find you a new job you would not be obliged to take it and avoid redundancy that way.
I hope this has answered your query. I would be grateful if you could please take a second to leave a positive rating by selecting 3, 4 or 5 stars - this is an important part of our process and recognises the time I have spent assisting you. If you still need me to clarify anything else, please get back to me on here and I will assist further as best as I can. Thank you