Have you been asked to sign a settlement agreement or are you facing redundancy? We are here to help!
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Redundancy & Settlement
Agreements
Many people are sadly facing redundancy at the moment. Redundancy occurs when an employer wishes to reduce the size of its workforce, or decides to relocate people.
If you are facing redundancy your employer should consult with you about your potential redundancy before serving notice. They should also explore possible alternatives with you. If your employer does not consult properly with you, you could potentially have a claim.
If you’re being made redundant, you might be eligible for certain things, including:
- redundancy pay
- a notice period (or pay in lieu of notice)
- redeployment opportunities
- time off to find a new job
When facing redundancy, you may be asked to sign a settlement agreement. This is an agreement in which the employee agrees to waive their right to bring claims against their employer in return for a severance package.
In order for your settlement agreement to be binding you must take advice from an independent lawyer or legal adviser on the terms and effect of the document. Usually your employer will make a contribution towards the legal costs of seeking such advice.
We can give you straight forward, clear advice to help you understand your settlement agreement. We can also advise you on your redundancy situation generally to make sure you are being treated fairly.
Our team of Employment Law Solicitors will ensure you receive the advice you need and guide you through this emotional and difficult process with empathy and understanding.
Call our HR & Employment Law experts on 0345 20 73 72 8 or email info@thursfields.co.uk
View our Employment Law Pricing Information here
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James Monk
Associate Director, Employment & HR Law
Lisa Kemp
Associate Director, Employment & HR Law
Jade Linton
HR Director, Employment
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