A settlement agreement is also known as a compromise agreement. It is a legally binding contract between you (the business) and the employee. Where there is a workplace dispute, settlement agreements are often used to reach a final conclusion that ultimately does not result in the employee leaving the business.
As an employer, one concern you may have is the possibility of an employee bringing a claim against you in a Tribunal or Court. Workplace disputes can quickly spiral out of control unless you have an reliable, trusted employment lawyer by your side to help you every step of the way. We can help work out a settlement agreement that can be signed and agreed by your employee as well as by you, the employer.