An employer cannot agree with everything you ask for in a transaction contract. The terms will be negotiated between your respective representatives. The terms of your transaction agreement usually contain clauses: if your employer, head of school or principal offers you a transaction contract, seek advice from the union immediately. You will find the coordinates at the end of this guide. No no. By law, people who sign a transaction contract must have legal advice from a qualified lawyer so that they know what the document means. Otherwise, the agreement will not be legally binding. A transaction contract is a document signed by the worker, i.e. he agrees to waive his rights against his employer. A transaction agreement is usually signed in return for the payment of the money to recognize that the employee has waived his rights. Redundancy is different because it usually means that the employee`s work is no longer required. For a worker who is in a situation of dismissal, he must go through a certain procedure and he is entitled to an appeal.
Transaction agreements are generally proposed by employers, although they can also be proposed by workers. In the education sector, transaction agreements are most often used when teachers are threatened with formal competence or disciplinary procedures; where employers offer redundancies; In the event of long-term absenteeism; or if labour relations are irreparably broken. If your employer has asked you to sign a transaction agreement, you must seek specialized advice to make it legally binding. An agreed reference is a form of words that the employer is willing to use in the event of a professional reference request by a potential employer. Positive professional references are a valuable element of comparative agreements for teachers and educators. Once the transaction agreement is signed, your employment will end after the termination date. Your employer`s obligations and rights under the employment contract expire on that date. What are the comparative agreements, when and why they are used, and what are the consequences of signing. Transaction agreements can be very long and complex. Our resolution contract team is experienced and qualified to provide advice in this area of law. You are available to give advice with simple language rather than legal jargon, to ensure that you understand the text of your transaction contract.
By law, you must also obtain legal advice regarding the terms and effect of the transaction contract, and your employer will generally contribute to our legal fees for the counsel. In some cases, staff members may avoid formal disciplinary or capacity procedures or other assessments by agreeing to a termination as part of a transaction agreement. You should get advice, unless you are sure of the value of your business, for example, you know how much leave money you should have been paid. You can get advice from your nearest civic council or a local lawyer.