Compromise and Settlement Agreements

Settlement Agreements, also known as Compromise Agreements, are often used by employers to quickly exit an employee, rather than undertake a time consuming disciplinary or capability procedure.

A well drafted Settlement Agreement therefore can be a useful tool to resolve employment issues, confidentiality. In return for a payment, the employee agrees not to pursue an employment claim and indeed does not disclose the terms of the amount received.

If you are faced by a situation where you wish to exit an employee, we can advise and prepare settlement agreements that best protect your interests and your confidential information by binding the employee to enforceable conditions. We can also provide helpful scripts for discussions with an employee and advice on the handling of negotiations and ensure that the settlement packages are not only dealt with swiftly but efficiently.