Compromise agreements

A compromise agreement is a legally binding agreement following the termination of your employment. It usually provides for a severance payment from the employer in return for a warranty by the employee not to pursue any claim they may feel entitled to at an employment tribunal.   

A compromise agreement may also be used in redundancy situations to prevent employees complaining to a tribunal after they have been made redundant.

Such agreements must be carefully negotiated, given you will waive your rights to any further claim.  It is important you understand the effect of the agreement. If you do not take independent legal advice concerning your statutory rights, a compromise agreement will not be legally enforceable. 

Our experienced and friendly Employment Law team can advise you on suitable amounts of compensation for your situation and ensure that the agreement provides you with the correct levels of protection.

For more information call our team on 01432 278 179 or email your enquiry to us.