Settlement agreements in the redundancy process
Settlement agreements are a critical, strategic tool for employers. They help secure clean employee exits and protect your business from the significant cost, time, and reputational risk of employment tribunal claims.
In his recent article for Small Business, Ethan Diver, Solicitor in our Employment team, explains the circumstances in which settlement agreements are appropriate during the redundancy process. He discusses the crucial business decision of weighing the cost of an enhanced payment against the risk of an unfair dismissal claim, and the importance of using ‘without prejudice’ or ‘protected conversations’ to ensure discussions remain confidential.
To read his article, visit the link here: https://smallbusiness.co.uk/settlement-agreements-in-the-redundancy-process-2599678/
Disclaimer: General Information Provided Only
Please note that the contents of this article are intended solely for general information purposes and should not be considered as legal advice. We cannot be held responsible for any loss resulting from actions or inactions taken based on this article.
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