A compromise agreement is an agreement by the employee not to pursue a legal claim against an employer.
Compromise agreements can be a suitable solution in a number of different circumstances, such as unfair dismissal, redundancy, or a workplace dispute
You should always seek specialist legal advice before entering into a compromise agreement. Without independent legal advice being taken, an agreement may not be legally binding. A specialist employment solicitor can help you to ensure that the agreement is suitable and fair to you.
The compromise agreement will usually consist of a financial payment being made to the employee in return for them withdrawing their claim and agreeing to take no further action against the employer.
Specialist advice should always be sought when dealing with any employment law matter. Please contact us today to speak to an experienced Solicitor.