A settlement agreement is a legally binding document between an employer and an employee in which an employee agrees to not pursue an existing or potential employment claim against an employer in exchange for a settlement (this is usually by payment of a sum of money, but can include other non-financial benefits also).
Any agreement other than a settlement agreement will not be legally binding and therefore will not prevent an employee from bringing a claim. It is therefore critical that a settlement agreement is accurately drafted to protect your business. We are experts in drafting such agreements, and negotiate on your behalf to secure the best deal for you.
We do not believe in “one-size-fits-all” documents, therefore a settlement agreement will be tailored to suit the individual circumstances of each employee.
If you are seeking to bring someone’s employment to an end Contact us today on 0800 644 1544 for a free consultation to discuss the options available to you.Contact us