Executive employment
Employment of senior staff is expensive but potentially transformational for an organisation. Careful attention to pay and benefits and contract terms will greatly assist in managing the risk.
Employment can end because of resignation, dismissal or redundancy. The employee leaving may well pose a commercial threat or owe the business money. Equally, the cost to the organisation of the termination may depend heavily on efficient tax treatment.
Outset handles hundreds of senior employee terminations (including detailed tax law advice) every year. It is vital that we advise at an early stage (usually well before any dismissal or immediately following a resignation) so as to minimise risk to the organisation of:
Employment can end because of resignation, dismissal or redundancy. The employee leaving may well pose a commercial threat or owe the business money. Equally, the cost to the organisation of the termination may depend heavily on efficient tax treatment.
Outset handles hundreds of senior employee terminations (including detailed tax law advice) every year. It is vital that we advise at an early stage (usually well before any dismissal or immediately following a resignation) so as to minimise risk to the organisation of:
- Commercial threat
- Tax liabilities
- Enhanced compensation through failure to follow statutory minimum procedures