On 29th July 2013 settlement agreements came into force in employment law. These agreements used to be called compromise agreements. A settlement agreement is entered into by an employer and employee and brings to an end the employer-employee relationship. Often such agreements are issued by an employer if there is an ongoing dispute between the parties. In return for completing the agreement the employee receives a financial lump sum but importantly gives up any right to take the employer to an Employment Tribunal or court for any matter covered in the agreement.
If you have received a Settlement Agreement offer then contact us immediately. As an employee you will not require to pay us any fee for our services to you as the employer will meet our fees . This will be contained as a term in the agreement. In order for the agreement to become legally binding an employee must receive independent legal advice and we can help. We will advise you on the terms of the offer and routinely we return to employers on behalf of our clients to renegotiate the terms of the agreement and in particular the lump sum offer. This often leads to our clients receiving enhanced lump sum payments.
Contact Employment Law Glasgow today on 0141 811 0224 or complete our online enquiry form. We are local to you and are also routinely instructed by clients across all of Scotland. We see an increasing trend of clients wishing to email Settlement Agreements to us for immediate advice and we can advise you wherever you are located.