News about Settlement Agreements

We keep up to date with all things settlement agreements. Check below for the latest articles written by our specialist employment lawyers.
October 14, 2021
What factors affect settlement payouts?
Julian Taylor
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The level of payment that you can reasonably expect will depend on a range of factors.  The following can all be relevant: Age Length of service Salary Benefits – such as bonuses, share options, car allowance, pension, health insurance etc. Notice period The identity of your employer The fact...
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October 14, 2021
What are the usual terms of settlement agreements?
Julian Taylor
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As well as compensation in return for a waiver of claims it is likely that the agreement will include terms dealing with you handing back your employer’s property, the reference you can expect to receive, non-disclosure and confidentiality obligations, and any post-termination restrictions that co...
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October 14, 2021
What is an ex- gratia payment?
Julian Taylor
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An ex-gratia payment is a payment made to an employee (or former employee) by an employer where there is no legal obligation for such a payment to be made.  It is the name given to describe a payment that is over and above the sums you are entitled to receive (like for example salary, notice [&hell...
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October 14, 2021
What is a “protected conversation”?
Julian Taylor
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A “protected conversation” (under section 111A of the Employment Rights Act 1996) is a way for your employer to have an “off the record” conversation with you to explore options for you to leave the business, even if there isn’t technically any dispute between you.  If a conversation is �...
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October 14, 2021
What does “without prejudice & subject to contract” mean?
Julian Taylor
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You will often see this heading written on the top of settlement agreements or correspondence relating to negotiations or an offer of a settlement. a) Without Prejudice Generally, statements made in an attempt to settle a dispute are “without prejudice”, which means that they cannot be put befor...
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October 14, 2021
Is a settlement agreement the same as an NDA?
Julian Taylor
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A settlement agreement is a contract between an employer and employee (or former employee) designed to settle workplace claims.  An NDA (non-disclosure agreement) is the name given to an agreement, usually in a commercial context, where the parties agree terms to safeguard their commercially sensit...
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October 14, 2021
When might settlement agreements be offered?
Julian Taylor
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You might be in the situation where a settlement agreement is on the cards - or could be on the horizon. We've explained more on when a settlement agreement might be offered by your employer. Redundancy situations where the employer is paying enhanced redundancy payments and in return wants certaint...
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October 14, 2021
What are the benefits of a Settlement Agreement for both parties?
Julian Taylor
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In most cases the benefit of a settlement agreement for you is the payment of an enhanced sum of money to help you to move on from your role – a financial cushion from which you can look for a new job.  A settlement usually signifies a clean break, and will often be preferable to […]...
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October 14, 2021
What is a settlement agreement?
Julian Taylor
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A settlement agreement is a binding contract between an employee and their employer (or former employer) under which the employee agrees to waive their rights to pursue claims against their employer, usually in return for some kind of enhanced compensation payment. They are commonly used where an em...
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This website contains a summary of various aspects of employment law. It is not intended to provide legal advice for specific cases. No liability is accepted for reliance on any of the information on this website. If advice is required please contact the firm. Settlement Agreements UK is the trading name of Julian Taylor Solicitors Limited, a company registered in England and Wales with registration number 7171586. Julian Taylor Solicitors Limited is recognised and regulated by the Solicitors Regulation Authority and all of its directors and members are solicitors of England and Wales.

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