Employment & Benefits

SETTLEMENT AGREEMENT

These documents, until recently known as Compromise Agreements, can be a useful way of recording the facts surrounding the termination of an employment relationship.

A form of contract, these provide an employer the certainty of knowing that the employee is agreeing to settle a range of potential claims against it (without any admission of liability), and the employee can expect an agreed reference or perhaps an ex-gratia payment or loyalty payment in return.

There are a number of tax issues that must be considered and a Settlement Agreement cannot be validly executed unless the employee signing it has taken the requisite legal advice

DECIDING TO ACCEPT A SETTLEMENT AGREEMENT IS LESS DAUNTING WITH TAYLOR ROSE TTKW

We can provide this service and our costs in doing so are always met by the employer.

Please contact us to find out more.




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