In the face of an impending litigation, businesses may find that the commercially expedient solution is to make the employee an offer of settlement.
As a safeguard any settlement offer will be accompanied by a contract called a settlement agreement. In the agreement the key protection for your business is the employee’s waiver of employment claims and undertaking not to sue you in the future.
Employees may also take the initiative by proposing an exit arrangement. This may suit your organisation. Alternatively you are at liberty to reject it. Legislation to do with evidential inadmissibility is engaged; we can help you understand what is going on.
If your business decides to limit damage by settling, we will advise you about the value of the offer to put to the employee.
Aeon Solicitors can guide you through the legal procedures and draft a settlement agreement with terms to protect your business interests such as garden leave, confidentiality and post-termination restraints.
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When are they used? What is in them? Use our guide to understand more about settlement agreements
Depends on a variety of factors. We will advise about the particulars of your situation and explain how much compensation is appropriate
Is a settlement agreement offered when employees are redundant? Find out more on our redundancy pages
We seek to address your legal needs in a way that suits you. For certain matters we can offer a fixed fee arrangement. Learn more about costs with Aeon settlements
Discover more about the terms that the employer will include in the settlement agreement.