Dealing with problems at work can be intimidating, but with the support of an experienced solicitor you can ensure you’re treated fairly. We are able to offer advice regarding Settlement Agreements and other employment-related issues.
What are Settlement Agreements?
A Settlement Agreement (formerly known as a Compromise Agreement) is a legally binding document which is intended to peacefully end a contract of employment. In its simplest form, the Agreement is a commitment on the part of the employer to pay a sum of money to the employee in return for their agreed exit from the company. In return, the employee agrees never to sue or claim against the employer for unfair dismissal or any other reason. This is the only way in which an employee can waive their statutory rights.
Settlement Agreements are only valid when signed by both parties and when the employee has received independent professional advice. We can help you understand the terms of an agreement, consider whether seeking one would be in your best interests, and provide any other appropriate advice. If you want to find out more, please contact us to book an appointment.