There are many reasons why businesses choose to offer Settlement Agreements to employees. These can include settling disputes, affecting exits by mutual agreement and paying enhanced redundancy or ex gratia sums.

A Settlement Agreement is required if an employee is to compromise their statutory and contractual rights, thereby precluding them from pursuing an existing claim, or issuing a future one in an employment tribunal or court. This gives employers certainty and peace of mind, as well as allowing employers the opportunity to have employees enter into various obligations, including those related to confidentiality and non-bad mouthing.

The Lamb Brooks Employment Department has extensive experience in advising businesses on when a Settlement Agreement might be appropriate, preparing Settlement Agreements themselves, and guiding employers through the do’s and dont’s of protected conversations and without prejudice discussions. If you are considering offering a Settlement Agreement to an employee then contact the Lamb Brooks Employment Department today.