Search our in-depth knowledge centre for answers to your employment questions, plus hints and tips from the experts.
What to do if you have been offered a settlement agreement
You may be offered a settlement agreement before, or after, your employment has been terminated. It will normally include details of: your termination date, any payments owed to you as a result of the termination of your employment, such as… Read on
Settlement agreement exclusions
When an employee signs a settlement agreement, they are giving up the right to bring certain claims in an employment tribunal (and other courts) relating to their employment and its termination. In return, the employer will generally pay a sum… Read on
Rising redundancies will lead to more settlement agreements
As the ongoing financial impact of Covid-19 takes its toll, businesses are being forced to make redundancies. Those being let go are often offered a settlement agreement, a legal agreement between employer and employee. Settlement agreements provide a payment in… Read on
Settlement agreement negotiations
When you are in the midst of settlement agreement negotiations, one of your main considerations will be whether the financial package makes it worth signing or not. Several factors will come into play here. Usually these will be to do… Read on
Signing a settlement agreement
Try to resist feeling pressured into signing a settlement agreement. It is important to take control of the negotiation. The first thing to remember is that this happens frequently. Nothing is binding until the agreement has been agreed and signed… 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
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
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
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
How can a solicitor help with my settlement agreement?
1. The agreement won’t be valid without one A settlement agreement will not be valid unless a legal adviser such as a solicitor has signed it off. You will usually therefore have no option but to use a solicitor, so… Read on
How much should I settle my Employment Tribunal claim for?
The first golden rule in negotiating a settlement is to give a strong impression of your legal claims, and hence the risk that your employer is taking in fighting the claim. Secondly it is usually a good thing to give… Read on
Settlement agreement FAQs
We have produced many guides about settlement agreements, and here are your most popular questions about them. What are settlement agreements? Settlement agreements (which use to be called compromise agreements) are used to bring employment to an end. They are… Read on
What should I be watching out for in my settlement agreement?
If you have been presented with a settlement agreement, there will usually be an allowance for you to take legal advice about it. Springhouse’s employment law specialists will run through a checklist with you which looks something like this: The… Read on