For an employee, losing your job and being asked to enter into a compromise agreement with your employer can be a worrying experience.
The employment team at Alker Ball Healds will advise you if the compromise agreement that has been offered to you is fair whilst at the same time protecting your future employment and career.
Before you sign a compromise agreement with your employer, you should seek independent advice from an experienced employment lawyer. At Alker Ball Healds we will talk you through the agreement and will negotiate on your behalf to ensure that you are treated fairly.
What is a Compromise Agreement?
It is a written agreement usually entered into when an employment relationship is coming to an end.
It is a legally binding agreement and sets out the terms on which the relationship will end, such as provision for a reference or a confidentiality clause.
It will usually contain a clause excluding the employee's right to bring a claim against the employer in a Court or Employment Tribunal.
At Alker Ball Healds we will advise you as to the terms which should be included to protect your interests
When is a Compromise Agreement needed?
When an employee is to be made redundant
When an employee is to be dismissed
When employment is ended by mutual agreement
To settle an Employment Tribunal claim
At Alker Ball Healds our employment team regularly advise employees on compromise agreements. Our costs are usually paid by the employer once the compromise agreement has been concluded.
To speak to our employment team about your compromise agreement, call 01942 246241.