Settlement agreement

A quick and easy way to create a solicitor drafted and legally binding Settlement agreement

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If an employer and employee are in dispute then they may formally settle that dispute by entering into a legally binding contract called a settlement agreement (previously known as a compromise agreement). A settlement agreement can be used to settle any disputes which would otherwise have to be settled by the employment tribunal or court. A settlement agreement will usually provide an employee with compensation. In return, the employee will agree not to pursue any legal claim that he or she may have against the employer (as well as agreeing to any further conditions that the employer may impose). This document is suitable for use in the UK only.
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Useful information

How does Employment Law affect my business?

Employment law is designed to protect the rights of the employee and covers almost all aspects of the employer/employee relationship.

What are the procedures for disciplining employees?

There are a number of steps required for the compliant disciplining of employees, which all employers should adhere to if they are to avoid potentially expensive lawsuits.

When should a settlement agreement be considered?

A 'Settlement agreement' (formerly known as a 'Compromise agreement') can be used to settle a dispute between an employer and employee and to terminate an employment contract.

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See how we helped Michael

"Fantastic! The legal document I used was so comprehensive and easy to complete. It is very reassuring to know my business now has this level of protection"

Michael S, London