A Settlement Agreement is a legally binding contract allowing employers and employees to part company safely. It’s legally binding and everyone knows where they stand but the sticking point often tends to be- what’s it worth?
Relations between an employer and an employee can sometimes be fragile and often it’s really better to cut to the chase and talk about an amicable way forward. But even this can be tricky as once these kinds of discussions are on their way it can be difficult to maintain trust and loyalty.
If you’ve been offered a Settlement Agreement due to the current economic uncertainty, you are certainly not alone…The CIPD published a report in Autumn 20 indicating 30% of employers were planning to make redundancies and other steps to cut workforce costs such as furlough, redeployment and cutting bonuses- ‘Labour Market Outlook: Autumn 2020.’
We all know what a letter from the Queen means...well here's a certificate and letter from the President of the Law Society congratulating my Dad on 60 years as a solicitor.
NHS Employee wins £185,000 in a breach of contract claim regarding redundancy pay.