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It is quite common during our working lives the relationship of the employee-employer in certain circumstances may change, this could lead to either choosing to consider the terminating of their working relationship. It is not unusual when the relationship ends it is as a result of a dispute that one has with the other, which has not or cannot be resolved to one party’s satisfaction.

Regardless of the scenario that prompts the employer or employee to consider terminating the employer-employee relationship, one of the ways it can be settled is through the use of what are called Settlement Agreements or Compromise Agreements.

 

Settlement Agreements Manchester | Compromise Agreements – What are they?

 

A Compromise Agreement or Settlement Agreement is a document that, in the eyes of the law, ends the employer-employee relationship. It is more than common for the employer to suggest the use of a Compromise Agreement or Settlement Agreements but employees are also entitled to use them .

 

When a Compromise Agreement or Settlement Agreement is drawn up, its terms MUST be specific to whatever scenario has led to it being drafted. While most of the terms of the Settlement Agreement will be subject to negotiation, MOST of these Settlement Agreements normally allow an employee to relieve themselves from their current position with an employer. An employer will normally agree to this in exchange for the employee waiving any rights that they have to bring the employer before an Employment Tribunal. An employer will normally provide a positive reference to allow their former employee to look for another job and a level of financial compensation.

 

What do I do with a Settlement Agreement in Manchester?

 

Before a Compromise Agreement or Settlement Agreement can be recognised as valid, an employee must have received independent legal advice from a full qualified employment solicitor, who’s firm has professional indemnity insurance. on the substance and legality of the document.

 

 

Do I have to accept the terms of a Settlement Agreement or compromise agreement?

 

 

Before an employee settles on a Compromise agreement or any Settlement Agreements, they should seek legal advice on its meaning . It is not compulsory to agree with what the employers have written in the Settlement Agreements or Compromise Agreement. If they are not satisfied with a Settlement Agreement’s terms, they may tell their employment solicitors to communicate this, in writing, to the employer. This will normally result in employers providing a revised copy to the employee. Until the Settlement Agreements are agreed and is signed by both the employer and employee, the employer-employee relationship will remain.

 

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What happens if I accept the terms of a Settlement Agreement or Compromise Agreement?

 

If an employee or employer decides that the terms of a Settlement Agreement are acceptable, but only after having getting independent legal employment law advice, they may sign the document. After receiving the document the employer will then identify what is to be the ‘Termination date’. The employee will leave their post and waive any rights they would have had to bring a claim before an employment tribunal

 

Contact our Settlement Agreement Lawyers

If you are thinking about using a Compromise Agreement or Settlement Agreements, speak to our expert employment solicitors now. We will provide expert advice which takes into consideration the terms of the agreement. Call our team now or fill out a contact us form below outlining the main points of your case.

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Employment Law Manchester

We are a dedicated team of Employment Lawyers in Manchester – covering all aspects of Employment Law |  Settlement Agreements |  Tribunal ClaimsTribunal Representation | Employment Contracts | Discrimination | Constructive Dismissal | Unfair Dismissal |  Employment Lawyers | Employment Solicitors.

GET EXPERT EMPLOYMENT LAW HELP YOU DESERVE IN MANCHESTER TODAY ON 0161 850 4973