A settlement agreement is used to handle a dispute between an employee and an employer. They’re a particularly important asset for employers seeking to avoid an employment tribunal.
By reaching mutually agreed-upon terms between the employer and the employee, disputes can be resolved swiftly, without escalation, and without the continuation of legal fallout. Put simply, settlement agreements are crucial to get right.
Examples of when a settlement agreement for employers is needed
When disputes arise
From time to time disputes within the business will arise. While many will be fixable by following core procedures, some will necessitate a settlement.
A relationship is ending
A settlement agreement helps to end a professional relationship on swift terms that both parties are happy with.
How to get started
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Who this can affect
Don't take our word for it
We worked with the team at Stephenson Law on various employment matters including drafting our first employment contract template and offer letter, privacy notice for our employees and contractors and a staff handbook. We are so impressed with how personable and professional the team are, and we don’t hesitate in recommending them to our own clients.
Dig deeper
Pre-Employment Checks: Your Ultimate Checklist for New Hires
Employee Handbooks: What to Include
The Basics of Employment
About us
We work tirelessly to protect the business and its people alike. As empathy-first employment lawyers, we ensure employers have commercially sound advice that helps ensure their business is protected.
