Compromise agreements are contracts between employers and employees which state that an ex-employee will not be able to make any further claims against their employer on the grounds of breaches of statutory obligation. They often include a financial payment to a former employee. Compromise agreements are a widely used tool in resolving workplace disputes. If you have left a job role and your former employer wants you to sign a compromise agreement then it is vital that you seek legal advice from experienced employment solicitors. Contact Bray and Bray on 0116 254 8871 today for advice on how to proceed.
There are many benefits to compromise agreements for both an employer and employee. From an employer’s perspective, compromise agreements can prevent an employee taking further complaints to a tribunal. From an employee’s perspective they offer financial compensation for alleged grievances, and there is the option to have a clause attached which prevents a former employer from “bad mouthing” an employee – essential for their reputation and future job chances.
Our solicitors will carefully consider every aspect of a compromise agreement to ensure it is watertight and includes all the right clauses. We can also ensure that there is nothing in the agreement which could have a negative impact on your future employment prospects.
To find out more about compromise agreements and what they could mean to your career get in touch with the team here at Bray and Bray and we’ll advise.
Bray & Bray has three main offices in Leicestershire, contact us to discuss an enquiry or a case you have or feel free to pop in and see us at your local office by clicking on the links below;
Leicester call us on 0116 254 8871.
Hinckley call us on 01455 639 900.
Market Harborough call us on 01858 467 181.
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