Compromise Agreements - Employers
Compromise agreements – should you use them, when and why, what should they say? How about the ACAS process - when is this appropriate? How much will this cost you?
Getting the wording of compromise agreements right is important. You want to be sure that all the points that you need to be included to protect your business have been properly made in the agreement. We are business people as well as lawyers, and from our long experience, we know what questions to ask you and what suggestions to make.
If the rules have not been strictly followed, or the right words aren’t in the agreement, you cannot be sure that the settlement is effective.
80% of the agreements we see are not legally binding or don’t have the desired effect.
Many employers are working on out of date or inadequate templates.
It’s scary to think how many employers think there is no comeback because there is a “compromise” agreement in place, when in fact there would be nothing to stop the employee from taking the money and making a claim as well.
If you want to be sure that you are getting what you need, and getting a complete result for your ‘settlement pound’, call us at Irenicon for prompt and effective support.
We’re ready to help you. Give us a call, or send us an email at info@irenicon.co.uk. We like to kick off with something free, so your first 20 minutes of our specialist's time will be at no charge. |