Employers know that employment relations compliance, and minimising the risk of employment tribunal proceedings, is mostly about following due process. But formal disciplinary, performance management and grievance procedures all take time. And sometimes, the business can’t afford to take that time. It has to make changes quickly.
That’s where a settlement agreement, negotiated with an employee, can provide a fast commercial solution to what may seem like an intractable problem. But achieving the mutually acceptable outcome that you are looking for requires a delicate balance and a clear understanding of risk, not to mention careful planning.
For a start, you will want to stay on the right side of “without prejudice” law and the law relating to what has become colloquially known as a “protected conversation”. We can support you by helping you identify all legal, risk and commercial considerations and working closely with you when you are making your decision about “what to do for the best”.
We are able to provide a fixed fee settlement agreement drafting service, and we have years of experience of negotiating on behalf of employers over the precise terms of the settlement agreements.
With the changes to termination payment related tax laws in April 2018, and the potential to make legitimate tax savings depending upon how the severance package is structured, we know that you will find the service that you receive from us to be pragmatic, commercial and highly cost-effective.
Take 15 minutes to discuss your needs with us - without obligation.
Call us now: 01622 474173