Employment Law – Settlement Agreements on the Increase
In recent years, there has been a continued increase in settlement agreements (formerly known as compromise agreements) being used when an employment relationship is coming to an end. This is down to a range of factors including, continued economic uncertainty and the fact recent legislation has expanded the circumstances in which discussions might take place.
From the employer perspective, settlement agreements are useful as they give comfort that no claims will be brought following employment ending. However, from the employee perspective, it is important that a proper assessment is made of the facts and circumstances involved. This is why there is a strict requirement that employee’s seek specialist advice before signing any such agreement.
Macleod & MacCallum’s employment team, Graham Laughton and Euan Smith, have experience of advising employees during what can be a sensitive time. The specialist experience Macleod & MacCallum can offer in employment law means a person’s rights can be properly assessed and any proposal considered accordingly. While such advice may not result in significant changes, at least the client will know that matters have been properly considered. Some cases are straightforward and little or no detailed advice is needed. But why take the risk? Always take advice from an employment law expert who is equipped to advise you fully.
Graham and Euan act in all areas of employment law, for both employers and employees. They can be contacted at any time by telephone or email on; 01463239393 or employment@macandmac.co.uk
