What Is An Employment Settlement Agreement

Let`s start with the obvious question: what is a settlement agreement? There are a number of scenarios in which settlement agreements are used. They generally apply when the employer does not want to go through a potentially long and lengthy process, such as a performance review or a full dismissal process before they can resign. If you already have discrimination issues or have filed a complaint, the employer may want to avoid a complaint of constructive dismissal and/or discrimination. Settlement agreements are legally binding contracts with which an employment relationship can be terminated on agreed terms. They can also be used to resolve an ongoing workplace dispute, such as a dispute over paid leave .B. These agreements can be offered by an employer or an employee, although it is usually the employer. Probably! However, this information does not replace specialized legal advice on your situation…