Often when terminating an employee's contract of employment an employer will offer a settlement.
The usual terms of settlement involve the employee agreeing not to start or proceed with a claim in consideration of the employer making a monetary payment and sometimes agreeing to provide a reference.
A settlement agreement is a way in which an employee can effectively waive any statutory claims.
In order a settlement agreement to be binding it must comply with the following:
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It must be in writing, identify the advisor and also state that the relevant statutory conditions are satisfied and
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The employee or worker must have received advice from a relevant independent advisor as to the terms and effect of the proposed agreement and the effect of the settlement agreement on the rights to pursue a claim through the tribunal;
At Hattin Solicitors we are able to advise you on your settlement agreement and let you know of your rights under such a settlement.
