Terminating employment can feel like a long, drawn out process and handling things incorrectly can lead to very costly tribunal claims…
So, what is a settlement agreement and how do you go about securing one for your business?
A settlement agreement is a voluntary, legally binding contract between an employer and an employee, usually used to bring an employment relationship to an end. In some cases, the employee will approach the employer. By signing a settlement agreement, the employee waives their employment rights and cannot take their employer to court or employment tribunal providing they are done correctly.
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https://www.dantonhr.com/latest-news/settlement-agreements-avoid-the-pitfalls-and-get-it-right
