Settlement Agreements are legally binding contracts that waive an individual’s
rights to make a claim to an employment tribunal. Employers must follow the statutory code of practice at all times
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Why your business must follow the statutory Code of Practice on settlement agreements
Settlement Agreements came into effect on 29th July 2013 and are formal agreements, previously known as a compromise agreement. These are legally binding contracts that waive an individual’s rights to make in an employment tribunal.
Settlement Agreements can be used to end an employment relationship or resolve a workplace dispute on agreed terms. Employers must follow the statutory requirements and the Code of Practice on Settlement Agreements. Failure to observe these requirements could result in the employer being prosecuted at an employment tribunal.
How Barrington Saunders Professional Services can help you and your business
Whatever the size of your business Barrington Saunders Professional Services can help you. Our specialist HR management, employment law service have the experience and expertise, to provide your business with specialist Settlement Agreement advice, support, policies and training specific to your business needs to reduce exposure to potential problems.
Benefits of using Barrington Saunders Professional Services
- Expert advice and support on all areas of settlement agreements specific to your business needs
- Training provided on the use of settlement agreements for your business
- Provision of policies and procedures to ensure procedural and substantive fairness are followed at all stages of HR management to reduce risk of prosecution
- Expert advice and support to ensure correct statutes and case law are applied to your business policies and procedures
- Improves profits
- Saves time and money
- Improves business efficiency
- Improves workforce relations
- Reduces risk of conflict and exposure to prosecution
Our Employment Law, HR Management and Occupational Health & Safety consultants are experts in their field to ensure high standards
All members of our Employment Law and HR Management team have extensive experience and hold the following professional registrations and qualifications;
- Post graduate qualification in human resource management
- Post graduate qualification in employment law
- Member of the Solicitors Regulation Authority
- Member of the Chartered Institute of Personnel and Development
What you can do now
- Contact our HR Management and Employment Law team in complete confidence by calling 0208 2052771 or email Help@BarringtonSaunders.co.uk to discuss your requirements.
- Book a training course on an area of Employment Law and HR Management that would help you and your business
- Subscribe to our HR Management and Employment Law Service so that you and your business can focus on your core business, instead of worrying about an employment tribunal claim and the threat of prosecution.
- Keep up to date with the latest employment law resource and HR Management best practice guidelines by signing up to our Newsletter