Senior executives and directors will likely benefit from increased pay and rewards due to their ranking in the organisation. However, this also means that if there are employment or contractual issues, these can be more complex and require specialist advice to ensure the best outcome. Negotiations for senior executives and directors are both delicate and difficult, and must be handled by an experienced employment law professional.
What employment rights do senior executives and directors have?
Typically, a director is not legally treated as an employee; instead, they will be regarded as an officeholder. Non-executive and shadow directors do not have any employment law rights; however, if a service contract exists between a director and the company, they will be considered an employee under the law and therefore have the same employment rights as other employees.
The need for employment law advice can happen at any stage of employment; from recruitment to post-termination issues, as well as matters that arise during the course of the employment. Problems can occur as a result of a business restructuring, changes to duties or responsibilities, disciplinary reasons or due to unusual causes, such as the coronavirus pandemic.
Our services for senior executives and directors
We appreciate that every situation is unique and that it is important to understand the individual characteristics of each case to make sure the correct advice is given. For senior executives and directors, various employment law issues can arise, including:
- Restrictive covenants
- Stocks and shares
- Unfair dismissal
- Settlement agreements
- Working abroad and international employment law
- Non-disclosure agreements (NDAs).
- Internal disciplinary hearings and proceedings
Our wealth of knowledge and experience in this area means that we are familiar with the tactics companies might use, and can therefore advise clients on what to expect and guide them on the best course of action.
As with many aspects of law, it is generally better to use mediation or conciliation to resolve disputes. When you instruct us, we will ensure that all options are explored to achieve the best outcome for your case, however, if legal proceedings and litigation are necessary, we are ready to act.
Specialist employment law advice for senior executives and directors
Our experienced team of employment solicitors can assist senior executives and directors across London with any employment law matter they encounter, offering expert advice and representation with:
- Restrictive covenants, injunctions, post-termination restrictions and team moves.
- Bonus schemes and remuneration packages including advice on the various tax implications.
- Bonus and pay disputes
- Grievances or disputes in the workplace
- Disciplinary investigations
- Severance packages and agreements
- Negotiating senior executives on exits and departure terms
Employment contracts and directors’ service agreements.
We can assist with drafting a new contract to ensure it protects your rights in addition to reviewing those that already exist and negotiating improved terms where necessary.
Exiting a company
For clients exiting a company, we can help formulate a carefully considered exit plan and determine the relevant amount of compensation they can expect. We appreciate how stressful it can be when an employment relationship ends, particularly for senior executives who have invested a lot of time and effort into their role. This is why we will always explain the impact of any terms and restrictions and make it clear how that could affect future plans and employment.
You can rely on Lewis Nedas to be honest about all aspects of your case and we will do our best to resolve any disputes amicably and help achieve an outcome that is agreeable to you, ensuring that reputations are not affected and financial considerations are taken into account.
Contact our Employment Solicitors for Senior Executives and Directors in London
Our employment lawyers are experienced with a wide range of employment issues that are relevant to senior executives and directors. We always consider our client’s objectives and priorities when providing legal advice so that it is tailored to obtain their desired result.