We have a number of specialist Employment Lawyers within our Employment Law Team available to provide comprehensive guidance in relation to the legal requirements and commercial considerations where an employer wishes to make a settlement offer to an employee.
A settlement agreement is a document provided to an employee by their employer with the intention of terminating employment and settling potential claims the employee has against their employer.
Settlement agreements may also be referred to as Mutually Agreed Resignation Schemes (MARS agreements), or sometimes compromise agreements or severance agreements.