A Compromise Agreement can be used to effect a settlement between an employer and employee where their relationship has or is about to come to an end and both parties want a “clean break”. It is a special document which will prevent an employee bringing a claim against the employer in the future except in very rare circumstances. It is a statutory requirement that the employee receives professional advice before signing it. The employer needs certainty that it is properly drawn to prevent subsequent claims and the employee wants to ensure that it covers everything to which she is entitled as there will be no second chance.
For advice on Compromise Agreements please contact:
Glyn Evans on 01934 637911 e-mail evans@powellslaw.com or
Stephen Soper on 01934 637915 e-mail soper@powellslaw.com.
See also our Employment fact sheet (PDF).
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