You have been offered a Compromise Agreement by your employer, but are unsure what it actually is?
A Compromise Agreement is a legally binding agreement following the termination of employment. It will usually provide for a severance payment by your employer in return for your guarantee not to pursue any claim you may have to an employment tribunal. Usually the Compromise Agreement will also deal with the notice element of your Employment Contract and it may also provide for a "payment in lieu" of this.
We are able to represent you in negotiations with your employer regarding the terms of such agreement. We are also able to advise you on the terms of the Compromise Agreement, and make certain that you fully understand the implications and limits that it will impose on you and any future employment tribunal claims you might wish to make.
In most cases where we assist with Compromise Agreements, the employer's contribution will cover our entire fee and so you will not have to pay anything.
If you do decide to instruct us at DJK to assist you with your Compromise Agreement, we will need to see copies of the draft compromise agreement provided by your employer, your current employment contract if you have one and any related documents.
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