Comrpomise agreement advice- would you like to end an employmenty dispute?
Or dismiss an employee from your company without worrying about costly and time-consuming employment tribunal action being brought against you?
The highly qualified and experienced legal professionals at Oakwood Solicitors could advise and assist you with the negotiating and drafting of a compromise agreement to protect the best interests of your company.
The National Audit Office published an article discussing confidentiality clauses and special severance payments stating that “There is a lack of transparency consistency and accountability in the use of compromise agreement in the public sector and little is being done to change this”.
An extract from the article quoting Amyas Morse head of the National Audit Office on 21 June 2013 says: “Compromise agreements are widely and often legitimately used. But the lack of transparency consistency and accountability is an acceptable. With the public purse under sustained pressure and services increasingly delivered at arm’s length it is important that compromise agreement to not leave staff feeling act the failure either of an employee or an organisation. The centre of government should get a grip on the use of compromise agreement in the public sector.”

Then you should make a no obligation call to the employment and commercial law specialists at Oakwood Solicitors as our extremely dedicated team could offer advice and assistance with the drafting of a compromise agreement if you are considering terminating the contract of employment of employee or if an employee has brought a tribunal claim against you.
The above-mentioned article further explains that “Public sector workers are sometimes offered a financial payment in return terminating their employment contract of agreed to keep the facts around in pain and confidential. The contract is often terminated through the use of a compromise agreement and the associated payments referred to as a special severance payment.”
Compromise agreements now more commonly referred to as settlement agreements are also often used in the private sector.
Employees can put forward a compromise agreement to an employee with regards to the termination of their contract of employment without having to worry about it being used against them as evidence at an employment tribunal if the employee feels they have grounds to bring a claim against the company.
On completion of the agreement the employee would not be permitted to take any legal action against the organisation at an employment tribunal.
The highly skilled professionals at Oakwood Solicitors could offer advice and assistance with regards to the negotiating and drafting of a compromise agreement to terminate the contract of employment of an employee whom you are looking to dismiss. Click here to contact or call us today: 0113 200 9720.
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