What is the difference between a COT3 agreement and a settlement agreement?
COT3 and settlement agreements are both written agreements which are intended to settle, or resolve potential employment law complaints that could be brought by employees, workers and suchlike. Settlement agreement Pretty much every employment law right given to workers can… Read on
COT3 wording – take care
We report on a case where the wording of a COT3 Settlement Agreement did not do the job the employers expected it to. Background In the recent Employment Appeal Tribunal decision of DWP v. Brindley, the Court dealt with an… Read on
New ACAS code of practice on settlement agreements
ACAS is currently consulting on a new Code of Practice designed to give guidance on discussions around the possible termination of an employee’s employment. There are a wide variety of situations where an employer (or an employee) might suggest that… Read on
What is a compromise agreement?
A Compromise Agreement is the old name for Settlement Agreements. A Compromise Agreement (or Settlement Agreement) is a special type of agreement through which an employee can settle claims against an employer. An employee cannot contract out of their legal… Read on
What is a settlement agreement?
A settlement agreement is a special agreement under which an employee can settle statutory employment claims (and others) against an employer. These agreements are common where an employee is leaving a business or where an employment tribunal or other… Read on