Settlement Agreement
How much to offer? If used properly a Settlement Agreement is a good way to end the working relationship, swiftly and amicably, without the need to exhaust time consuming internal processes. However, the amount, circumstances and timing of a Settlement Agreement are crucial.
How can we help?
Let us advise when it’s appropriate to use a Settlement Agreement, how much to offer, we can also draft you a bespoke Agreement ensuring that the business is well protected with favourable terms too. This can be done swiftly and cost effectively, saving the business significant time and costs in the long run.
What is a settlement agreement?
A legally binding agreement outlining the terms of settlement between an employee and employer. Usually, the employer will agree to pay the employee a sum of money and in return, the employee will agree not to pursue claims against the employer.
- Socially Responsible Investment
- Comprehensive Investment Plans
- Financial Planning for Business
- Tax Mitigation Strategies
What our clients say?
‘Really helpful didn’t know how to get this started and what to do, I was guided throughout by Herefords and reached agreement with our employees, job done.’ – Director
- Socially Responsible Investment
- Comprehensive Investment Plans
- Financial Planning for Business
- Tax Mitigation Strategies
