I Have Been Offered a Settlement Agreement -- What You Must Check Before You Sign

Your employer has offered you a settlement agreement. You have 7 to 14 days to decide. Before you sign anything, read this.

A settlement agreement is a permanent and irrevocable waiver of your right to bring employment tribunal claims. Once signed correctly, it cannot be undone. This pack covers the five legal requirements for validity, the ten questions to ask before you sign, what independent legal advice should actually cover, the tax treatment of payments, how to read restrictive covenants, and whether the financial offer is adequate given what you are giving up.

Written by Eugene Pienaar, Solicitor of the Supreme Court of England and Wales (non-practising). For educational purposes only. Not legal advice.