Settlement Agreements

Settlement Agreements are agreements between the employer and employee that:

• Terminate the employee’s employment
• Settle any claims the employee may have against the employer
• Involve the employer paying the employee money to do the two things above

What does a Settlement Agreement contain?

The document is extremely detailed as it will deal with all of the employment rights and claims that the employee may have. This protects the employer from any future action. 

From the employee’s point of view a Settlement Agreement needs to:

• Clearly set out the terms of the Agreement
• Ensure that it is enforceable
• Reflect the employee’s statutory rights
• Provide a level of compensation that the employee is entitled to 

From an employer’s perspective, a Settlement Agreement is essential to ensure that the employee does not have the ability to make future claims against the employer.

How a Settlement Agreement can help you

A properly worded and well thought through Settlement Agreement can:

• Minimise the risk to both parties
• Ensure that employment is terminated in a sensible and manageable way

What our experience and expertise can offer you

Slade Legal is an Oxfordshire solicitors practice with offices in Abingdon, Didcot, Wallingford and Wantage.  We are conveniently located for our clients in Oxford, Oxfordshire and across the Thames Valley region.  We have significant experience in advising both employees and employers in respect to Settlement Agreements. 

From an employer’s perspective we deal with all scenarios, from large volumes of Settlement Agreements where more than one employee’s employment has been terminated through to single bespoke documents.

From the employee’s prospective we ensure that the Settlement Agreement has been properly drafted and does not expose the employee to any undue liability. We will always ensure that the employee has received their full compensation entitlement.

A sensitive and practical service

We are always more than happy to give general advice regarding Settlement Agreements. Our team is well respected for sensitively and practically dealing with Settlement Agreements between employers and employees.

Getting in touch

To learn more about our expert Settlement Agreements service, contact one of our solicitors today.