Services >> Compromise Agreements

Compromise Agreements

A compromise agreement is a legally binding arrangement that an employer may ask an employee to enter into around the time of a potential termination of employment. Once concluded correctly the employee cannot pursue a claim against the employer for any issues arising out of the termination of their employment.

Such agreements may be proposed in a number of situations such as redundancy or because of a dispute. There is usually a financial incentive offered in excess of their statutory entitlement to encourage the employee to agree to sign the document.

In order for it to be effective the employee must receive independent legal advice. It is common practice for employers to contribute towards the cost of the employee’s independent legal advice.

We can act for the employer or the employee in these situations:

to advise on the contents of the compromise agreement;
to negotiate the best financial solution for our client;
to advise the parties involved of potential liability for Unfair Dismissal or other adverse matters.

If an agreement is not reached it may still be open to the employee to initiate a claim before the Employment Tribunals: we will help you to consider the financial and legal implications of this.

If you would like to know more about this, please contact us.

Services Menu

Compromise Agreements
Constructive Dismissal
Contract of Employment
Disability
Disciplinary & Grievance
Discrimination & Harassment
Employment Tribunals
Maternity, Paternity & Adoption
Policies
Redundancy & TUPE
Seminars & Training
Unfair Dismissal
Whistle Blowing

Amanda Capon Solicitors, 180E Bridge Road, Sarisbury Green, Southampton, Hampshire SO31 7EH
Telephone: 01489 574778 / 0845 631 9159 Facsimile: 01489 574772
Disclaimer | Privacy Statement