Posted on 26/06/2020 under redundancy, Uncategorized,

There are several circumstances in which a settlement agreement provides a positive solution. You may have one or more grievances/claims and rather than go to the Employment Tribunal, you and your employer may agree to enter into a settlement agreement.

Situations which can lead to a settlement agreement include:

• unpaid wages, salary, or bonuses
• discrimination claims
• breaches of employment contract or statutory rights
• disagreements about poor performance

Highly skilled people who are in senior jobsmay find their position untenable following a merger or acquisition or a change in corporate strategy. A settlement agreement can provide an ideal solution, allowing parties to go their separate ways in an amicable manner.