Compromise Agreements

When the relationship between an employer and an employee has irretrievably broken down, or it has been decided by all involved that it’s best to bring the employment to an end, employees are often asked to sign a compromise agreement. These agreements are also very common in redundancy dismissals.

This is a legally binding document that must be explained by an independent solicitor and signed by both parties, before it becomes binding. It sets out an agreement for an out-of-court settlement, offering compensation to the employee for agreeing to a set of conditions and includes details of assurances given by the employer and employee and, in many cases, a reference.

If you or a family member are in a redundancy situation and are asked to sign a compromise agreement, then it’s worth taking advantage of a free initial consultation with an expert employment solicitor through Lawmatch. 

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