An employer can recover the funds paid if you violate the agreement. Your employer may recover some or all of the funds that are paid to you, which is why we explain your obligations as part of our consultation. Explain the importance and effect of the agreement and find out what changes or changes need to be made. There are several advantages to accepting the agreement. This involves closures, a clear structure for finding a new job, no legal fees, and of course, if you quickly find a job, you can be much better. This usually brings your departure date, or sometimes you are put on “garden vacation”. For a transaction agreement to be valid and legally binding, it must meet the following criteria: Our transaction lawyers declare everything in the agreement in plain English, cut the jargon and advise you independently on your options. Rest assured, we will work hard to make sure you get a fair result that satisfies you. Make sure your acquired pension rights are not affected by the agreement.

A transaction contract may not be the best option for your living conditions. You may want to stay in the job, or the case or dispute can be considerably serious to bring a labor lawsuit. As part of the firm pricing agreement, we will look at any claims you may have and the type of compensation you may eventually earn. Agreements were previously referred to as compromise agreements, as an employer can sometimes offer a “compromise” or “compensation” when it terminates a person`s employment. As an employer, these agreements end a worker`s right to apply for work against you, for example. B unfair dismissal or discrimination resulting from his period of employment or dismissal. This type of agreement ensures that the company is protected from any rights related to its labour rights when your employee leaves your company. If you are an employee, if you sign a transaction contract, you cannot apply for an employment tribunal or sue your employer for an employment law as soon as you have received a sum of money in return for agreeing not to sue. Properly crafted transaction agreements are legally binding, which is why the law says they are only valid if you have used independent legal advice on the terms and effects of the transaction contract before signing.

In most cases, your employer contributes to your legal costs for this consultation. We understand that the end of the job can be a discouraging process for an employee. In the event of a dispute, it is sometimes the best option for all parties involved to agree with your employer to terminate the employment contract. In the UK, this is done through a transaction agreement between you and your employer. Below is a guide to employee billing agreements. However, if you would like to discuss an agreement with your employer, please contact us today to discuss your case. Employers normally respect the agreement, but if they don`t, we can do it for you in a breach action in the regional court, but normally a sharp letter goes around! This work is separate to discuss the agreement and under a separate pricing structure.