We have extensive experience of advising employees on compromise agreements. You will be dealing with employment law specialists who will ensure that you receive the best possible deal in the circumstances of your case.
When an employment relationship ends or changes, you may be asked to sign a ‘compromise agreement’. A compromise agreement is the formal name given to a settlement agreement between an employer and an employee.
The effect of you signing such an agreement is that in exchange for a termination (severance) payment you give up most, if not all, of your employment related legal rights.
This typically means that once you have signed the agreement you will not be able to continue or bring any claim in respect of your employment and its termination. For example you cannot bring an unfair dismissal claim, any form of discrimination or harassment claim, any breach of contract claim or claim for unlawful deduction from wages, any claim for annual leave, unpaid expenses, bonuses or commission payments that may be due to you.
We will take time to listen to your case and advise you as to any possible claims you may have against your employer. We will also advise you on the terms of the compromise agreement you have been offered and whether the terms are fair. If necessary, we will also assist you in renegotiating the compromise agreement you have been offered.
We typically agree to carry out the above work for a fixed fee, which is usually paid for by your employer.
Our specialist employment solicitors advise clients throughout England and Wales.
Should you require further information contact Ben Healey or Paul Humble for a no obligation initial discussion. Otherwise please complete the enquiry form below and we will contact you as soon as possible.