Sometimes, the only way out of a difficult workplace situation is by parting ways with your employer. In these cases, it is important to understand the impact it may have on your life, including loss of earnings and more.
When situations like this arise, your employer may offer you a settlement agreement or a compromise agreement, Glaisyers have a skilled division of compromise agreement solicitors who can guide you through this difficult process.
Our settlement agreement solicitors will help you to answer a number of difficult questions before making the decision whether or not to sign.
- Is there provision for a reference to be provided?
- Is the Termination Payment sufficient or should it be increased?
- Is the payment structured in a tax efficient way?
- Does the agreement attempt to restrict an employee from working for a competitor?