Has your employer discussed ending your employment through redundancy or a settlement agreement? If you have received a Settlement Agreement from your employer, you may be wondering what it is and what you should do next.
What is a Settlement Agreement?
This is a legally binding contract used by employers, setting out the terms agreed by an employee to end an employment relationship or resolve a dispute. This will often result in the employee receiving a payment in return for giving up their rights to bring an employment rights tribunal claim against the employer.
What should you do next
It is important that you speak to a Solicitor before signing the agreement. If you have received a Settlement Agreement, you should contact our office on 01304 373377 to make an appointment with Eleanore Plews who will be able to advise you on the contents of the agreement.
How much does it cost?
In most cases, your employer will pay your legal bill, leaving you with no cost. However, some employers will provide a contribution towards your fees. You should contact us first so we can ascertain if your employer is likely to pay the full cost of your legal bill.