Compromise Agreements for Employers

Ashford

Crawley

London

Maidstone

Sevenoaks

Tunbridge Wells

How is a compromise agreement different to a settlement agreement?

Compromise agreements are now known as settlement agreements.

Why ask an employee to sign a settlement agreement?

When terminating the employment of an employee, you should consider asking your employee to sign a settlement agreement. A settlement agreement is a legally binding contract between you and your employee settling any claims that they could have against you for the termination of their employment.

Will a settlement agreement protect my business from a claim?

Providing the agreement is correctly drafted and your employee has received independent legal advice, a signed settlement agreement should prevent your employee from bringing any claims against you in an employment tribunal.

However, a settlement agreement does need to meet certain conditions before it is legally binding, so you should ensure that the agreement and any negotiations are dealt with by a specialist employment solicitor.

How much will it cost to have a settlement agreement drafted and negotiated?

We can draft a legally binding settlement agreement for you and deal with negotiations on your behalf with the employee’s solicitor, all for a fixed fee. Please contact our employment specialists for initial advice and a no obligation quote.

Need advice now? Call today & speak with an employment lawyer

Our employment lawyers can advise you today. Free initial call. No obligation

 

The Panorama

Park Street,

Ashford

Kent TN24 8EZ

 

Orega Gatwick

City Place

Crawley

Sussex RH6 0PA

 

Spaceworks

60 Cannon Street

London

EC4N 6NP

 

26 Kings Hill Ave

Kings Hill

Maidstone

Kent ME19 4AE

 

Lime Tree House

Lime Tree Walk

Sevenoaks

Kent TN13 1YH

Tunbridge Wells

 

Pantiles Chambers

85 High Street

Tunbridge Wells

Kent TN1 1XP

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