Under a Settlement Agreement, it is likely that an outgoing employee will want to secure a reference for their new employment. There is no requirement on any business to provide a reference to an outgoing employee unless they are in a regulated industry, such as banking, finance, or care. There is no requirement for an […]
Settlement agreements and compromise agreements are often confused. In this post, we look at the difference between compromise agreement and settlement agreement. [lwptoc numeration=”none”] What is a Compromise Agreement? A compromise agreement is a legally binding agreement between a business and an employee under which the employee agrees to settle their potential claims and in […]
If you have received a settlement agreement or you are considering proposing one, read this before you move forward. [lwptoc numeration=”none”] What is a Settlement Agreement? A Settlement Agreement (formerly known as a Compromise Agreement) is a legally binding agreement between you and your employer. This usually provides for a severance payment by the employer […]
