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Settlement agreements
What are the alternatives to a Settlement Agreement?

What are the alternatives to a Settlement Agreement?

While a Settlement Agreement is a common way to settle employment-related issues, they are not appropriate in every case. There are, therefore, three alternatives that may be considered. These are: Taking the matter to tribunal Commencing ACAS EC Dropping the matter...

How Can I Get Out of A Settlement Agreement?

How Can I Get Out of A Settlement Agreement?

A Settlement Agreement is a legally binding document once it has been signed. However, as long as the document remains unsigned by one or both parties, either party is entitled to cancel or withdraw from the agreement. If the Settlement Agreement has already been...

What Happens If I Change My Mind After Signing a Settlement Agreement?

What Happens If I Change My Mind After Signing a Settlement Agreement?

Once a Settlement Agreement is signed by both parties, it becomes a legally binding document, and withdrawing from the Agreement is then no longer possible. It is, therefore, crucial to carefully consideration the implications of signing the document and seek expert...

What Happens if I Breach a Settlement Agreement?

What Happens if I Breach a Settlement Agreement?

Settlement Agreements are legally binding documents once they have been signed by both parties. It is therefore crucial to understand the potential consequences if the Settlement Agreement is breached. Either party may breach the Settlement Agreement, but there are...

Can a Settlement Agreement be enforced?

Can a Settlement Agreement be enforced?

A Settlement Agreement, once it has been signed by both parties, is a legally binding document and can, therefore, be enforced. In the event that either party breaches the terms that were agreed upon in the document, action can then be taken against them as long as...

What Happens if I Breach a Settlement Agreement?

What Happens if I Breach a Settlement Agreement?

Settlement Agreements are legally binding documents once they have been signed by both parties. It is therefore crucial to understand the potential consequences if the Settlement Agreement is breached. Regardless of which party breaches the Agreement, there are...

What is the Process for Negotiating a Settlement Agreement?

What is the Process for Negotiating a Settlement Agreement?

Settlement Agreements are legally binding contracts that employers use to outline the agreed conditions for either resolving a dispute or ending the employer/employee relationship. Usually, the terms of the Settlement Agreement involve offering a payment to the...

What are the Tax Implications of a Settlement Agreement?

What are the Tax Implications of a Settlement Agreement?

If you are in the process of arranging a Settlement Agreement with your employer, it is imperative to understand whether there are any tax implications involved. An expert solicitor will be able to offer legal advice and explain not only the process of making the...

What is the Role of a Solicitor in a Settlement Agreement?

What is the Role of a Solicitor in a Settlement Agreement?

If your employer has presented you with a Settlement Agreement, it is crucial to take independent legal advice. Not only is this a required element of making a Settlement Agreement legally binding, but it is also the sensible course of action. Some people believe that...

Your Options When an Employee Contravenes a Settlement Agreement

Your Options When an Employee Contravenes a Settlement Agreement

In the United Kingdom, a settlement agreement (formerly known as a compromise agreement) is a legally binding contract that is used to settle a dispute or potential claim between an employer and an employee. It is typically used to resolve issues such as disputes over...

Including a Reference as Part of a Settlement Agreement

Including a Reference as Part of a Settlement Agreement

It's common practice for an employee to request a reference as part of their Settlement Agreement with you, but what are your legal obligations? Interestingly, unless you are part of a regulated industry, there is no legal requirement for you to provide a reference...

Employee-friendly Settlement Agreement FAQ

Employee-friendly Settlement Agreement FAQ

1. What is a Settlement Agreement? A Settlement Agreement is a legally binding agreement between you and your employer. The purpose is to resolve a dispute between you and your employer; however, a Settlement Agreement is usually entered into on termination of your...

Employer-friendly Settlement Agreement FAQ

Employer-friendly Settlement Agreement FAQ

What is a Settlement Agreement? A Settlement Agreement is a legally binding agreement between you and an employee. It is usually needed on termination of an employee’s employment, but its general purpose is to aim to resolve a dispute between you and an employee. In a...