Compromise Agreements
A compromise agreement, also known as a severance agreement, can be an extremely useful tool when an employment relationship comes to an end, with advantages for employers and employees alike. Such an agreement usually sees an employee receiving a severance sum that might not otherwise be payable, in exchange for which the employee “compromises” (or gives up) his or her rights to bring any claim arising out of the employment or its termination.
Our employment solicitors are highly experienced in negotiating and drafting compromise agreements (severance agreements) for employers, which then provide your business with certainty and protection from any future proceedings from that employee.
Our employment solicitors are highly experienced in negotiating and drafting compromise agreements (severance agreements) for employers, which then provide your business with certainty and protection from any future proceedings from that employee.
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