Settlement Agreements - Advice for Employers
Settlement Agreements are a key method of resolving employment disputes amicably, protecting your business and avoiding the cost and uncertainty of Employment Tribunal Claims. It is essential to obtain expert advice and support before offering and when negotiating Settlement Agreements to ensure that they are drafted and implemented in a way that is legally sound and are tailored to your circumstances.
There are strict rules regarding the format and wording of Settlement Agreements and it is essential to ensure that they meet the statutory requirements in order to be enforceable. They should clearly set out the terms of exit, payments and obligations, for both parties and be handled with discretion and professionalism.
Settlement Agreements are voluntary and must be entered into freely by the employee who should not be subjected to any improper behaviour or undue pressure. With every case the employee must receive independent advice from a qualified Lawyer for the Agreement to be valid. Confidentiality is also an important consideration in accordance with managing the risk of reputational harm.
How We Can Help
- Advising on whether a Settlement Agreement is appropriate;
- Assisting you with ensuring any protected conversations are handled properly and preparing offer letters;
- Drafting bespoke Settlement Agreements;
- Negotiating the terms of exit, including notice pay, bonuses, holiday, etc.;
- Addressing restrictive covenants, confidentiality and non-disparagement clauses.
Why Choose Us
- Experienced Employment Solicitors with expertise in dispute resolution;
- Practical, commercial advice balancing risk and commercial outcomes;
- Tailored Agreements to suit individual circumstances and organisational needs;
Speak to our Employment Team to ensure that your Settlement Agreements are properly drafted so that they are enforceable and legally compliant.
