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Employers Contracts

Guide to Compromise Agreements/Settlement Agreements

Alongside the Code of Practice on Settlement Agreements formerly known as Compromise Agreements, ACAS has published a helpful guide.  It is not a legal requirement to follow this and it does not have the same status as the Code of Practice I blogged about on the 23rd July 2013.  This may however, assist employers with […]

Employers Contracts

Code of Practice for Settlement Agreements

Following on from my post earlier this month, ACAS have now published their Code of Practice on Settlement Agreements. In case you didn’t know, settlement agreements will be the new name for compromise agreements from the 29th July 2013. Check out my earlier post under the Compromise Agreement/Settlement Agreement category on the right.

Employers Contracts

Compromise Agreements/Settlement Agreements

Compromise agreements or settlement agreements as they are to be commonly know as soon, compromise a claim an employee/worker may have against their employer in return for compensation.  Commonly they will bring about the termination of employment but not in every case. For employers, they need to ensure that the agreement is legally binding on […]