Business Employment Law
A Settlement Agreement is a legally binding agreement between you and your employee.
A Settlement Agreement is a legally binding agreement between you and your employee. The agreement will end your employee’s contract with you and also waive their right to take you to an employment tribunal at any stage after the settlement agreement has been signed.
Benefits of using a Settlement Agreement for you as the employer include;
Before offering an employee a Settlement Agreements, you should identify the risk of any future claims. Employees will still be able to bring a claim against you in the following, limited circumstances:
How we can help;
A properly worded Settlement Agreement, drafted by one of our expert solicitors, will mean that you have peace of mind as your former employee will not be able to bring any claims against your company.