What is a settlement agreement?

Settlement agreement solicitor Liverpool: A settlement agreement may be offered to you if your employer wants you to leave, or offers you voluntary redundancy. Your employer will offer you a settlement agreement as it reduces the chance that you will take out an employment tribunal claim against them. In effect, they are paying you to leave. This might be good news for employees in some situations, but as you lose your right to take your employer to a tribunal, it might not be the right decision for you. To discuss a settlement agreement in your situation, call the employment solicitors at JRL for more information.