When your employment has ended, your employer may be asking you to sign an agreement. Before you sign anything, speak to our Sevenoaks compromise solicitors.
If you are not familiar with a 'compromise agreement', you may have heard of a 'settlement agreement' which is essentially the same document.
A compromise or settlement agreement is a legally binding contract between employer and employee to protect both parties.
It is important to take advice from our experienced Sevenoaks lawyers before putting pen to paper.
Our compromise solicitors will be able to protect your employment rights wherever you live and work in England and Wales.
Essentially, the agreement is put in place to ensure that neither party can litigate against the other in court or a tribunal at a future date once the terms and conditions have been agreed upon.
Often, a compromise agreement is signed by the employee in exchange for a payment from the employer.
For instance, an employee may feel they have been dismissed on the grounds of sex, race, disability or religion or it may be that the adequate level of salary or bonus has not been paid upon termination of the employment.
Once the agreement has been signed, there can be no future claims and it is therefore a legal requirement for a person to have taken independent legal advice first.
It is usually up to the employer to contribute to the cost of your legal advice when they have asked you to sign a compromise agreement.
If you need help and advice about a compromise agreement or employment matter, contact our Sevenoaks lawyers on 0845 603 0708.
National Solicitors
We are specialist solicitors in Tunbridge Wells dealing with employers & employees.
Whether you need support with Settlement Agreements, Redundancy, Bullying, Contractual disputes we can help.
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