Getting a job after a settlement agreement

Does your employer have to give you a reference as part of the settlement agreement? There are certain standard terms which have to be included in a settlement agreement for it to be valid, such as the fact that you… Read on

New cap on public sector exit payments set to be introduced

Last month, the government finally published draft regulations setting out how it intends to limit pay-offs to public sector workers, nearly four years after it first said it would tackle the issue of six-figure termination packages. On 10 April, the… Read on

Negotiated exits: how to secure the best deal

Despite presiding over an IT meltdown earlier this year at high street bank, TSB, it has been reported that CEO, Paul Pester, walked away with a significant sum after resigning with immediate effect at the start of September. Clearly he… Read on

I’m being dismissed: do I need a settlement agreement?

Not every employer will offer every employee a settlement agreement on the termination of their employment. Does this matter? What are the benefits of a settlement agreement for employers and employees? And, do you have to use a lawyer (and… Read on

Top tips for a negotiated exit

Many people’s employment will end as a result of a mutually agreed settlement with their employer. This ensures that both parties can end their employment relationship formally –  usually with the payment of a termination package recorded in a settlement… Read on

Taxation of termination payments: some changes delayed

It was previously announced that the Government intended to start charging employer National Insurance Contributions on termination payments above £30,000 from April this year. However, it has now been confirmed that this change will not take effect until April 2019.… Read on

Settlement agreements – everything you need to know

Once a departure has been agreed, the aim of a settlement agreement is to give the employer confidence that the employee cannot bring any legal claims against them in the future. The benefit to the employee is that this will… Read on