Settlement Agreements are used to resolve employment disputes and/or to end an employee’s employment. They can be an effective way of terminating an employment relationship, preventing disputes and providing certainty for both parties.
Settlement Agreements are often given to employees in the following situations:
- Grievance Procedures
- Performance Management Procedures
- Redundancy Consultations and Voluntary Redundancy
- Sickness and/or Incapacity
- Breakdown of Working Relationships
If you have been offered a Settlement Agreement by your employer and wish to accept it, your employer will usually pay our fee in full. Depending upon your professional you could be offered between £350-£750 plus VAT. We will try and negotiate these fees for you.
For that fee, one of our independent relevant legal advisors will provide you with a telephone consultation giving you clear, easy to understand advice on the terms of the agreement and a signed certificate, which your employer will need before formally entering into the agreement with you.
If you have been given a tight deadline, one of our lawyers will usually be able to have the appointment with you within 1-2 working days.
If you are unhappy with the Settlement Agreement your employer has offered, one of our dedicated lawyers is here to help you negotiate a settlement package on more favourable terms.
Give us a call on 020 8301 7777 or email us at firstname.lastname@example.org to see how we can help.