Have you been offered a Settlement Agreement by your employer?
Let us handle your Settlement Agreement. We are solicitors who specialise exclusively in helping employees with Settlement Agreements. Impartial expert advice, at NO COST TO YOU!
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Have You Been Offered a Settlement Agreement by Your Employer?
If you’ve received a Settlement Agreement, we’re here to help. We understand this can be a challenging and emotional time, so our goal is to guide you through the process with clear, straightforward advice. We’ll explain your options in plain English, empowering you to make the right decision for your future.
Can You Ask for More Money?
Yes, you can—and we can help. We’ll assess the strength of any potential claims you have against what’s being offered. We’ll also consider factors like: The employer’s willingness to negotiate The risks and costs they face if a claim proceeds If a better offer is possible, we’ll negotiate on your behalf.
Why Consider a Settlement Agreement?
The value of a Settlement Agreement depends on what’s offered in return. Common elements include: A termination payment, Pay in lieu of notice or garden leave, Payment for unused holiday, An agreed reference, The possibility of structuring payments tax-efficiently. By accepting a Settlement Agreement, you gain certainty over the outcome, rather than leaving it to the lengthy and unpredictable process of an Employment Tribunal. It can also allow you to move forward more quickly and focus on new opportunities.
What Is a Settlement Agreement?
A Settlement Agreement (formerly known as a compromise agreement) is a legally binding document between you and your employer. It is designed to resolve any potential employment law claims you might have, often in relation to disputes or the termination of employment. These agreements are most commonly used when an employer and employee are parting ways, offering both parties certainty: You receive a guaranteed payment or benefit. The employer avoids the risk of an Employment Tribunal claim. To ensure a Settlement Agreement is valid, you must seek advice from an independent lawyer. The good news is that employers usually cover these legal fees, meaning no cost to you. In essence, you agree to waive your rights to take legal action against your employer in exchange for a settlement, typically financial compensation.
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