Compromise agreements - information for employees

If you have been offered a compromise agreement by your employer you need to seek independent legal advice. We are experienced at checking compromise agreements and advising employees. We can also draft suitable compromise agreements for employers.

What is a compromise agreement?

A compromise agreement is frequently used by employers who wish to terminate an employee's contract, or in redundancy situations.

What does a compromise agreement do?

It is a legally binding agreement over the termination of your employment which will set out the terms on which you will leave, including severence pay, payment in lieu of notice and other issues. By signing the agreement you waive your rights to take the employer to an Employment Tribunal.

Why do I need independent legal advice?

It is important that you seek independent legal advice before signing a compromise agreement, and also a legal requirement. Once you sign the agreement you will not be able to make a claim against your employer at the Employment Tribunal.

Who pays for my independent legal advice?

Normally your employer will agree to pay for you to receive independent legal advice.

What do I do next?

Contact us to make an appointment.