Settlement agreements for employers
According to the Ministry of Justice, the employment tribunal accepts around 186,000 claims from employees in a typical year. If you’re faced with an employee leaving your business, whether it’s of their choosing or yours, you’ll want to make sure you don’t end up being one of next year’s statistics.
A Settlement Agreement (previously called a Compromise Agreement) is a legally binding document where the employee waives their rights to bring a claim against you arising out of their employment. So if you’re dismissing someone or making them redundant, it can be sensible to protect yourself by getting them to sign an agreement like this.
For a fixed fee we can provide you with a document to use – and even (if you want) liaise with your employee to arrange their signature. Contact one of our specialists for a no-obligation chat.
Head of our employment law services and local squash champion.