My employer has offered me a Compromise Agreement in order to end my employment because of some problems we have been having. What is a Compromise Agreement?
A Compromise Agreement is a contract that you and your employer sign to end your employment and prevents you from bringing any claims against it after you have left. For the agreement to be legally binding you must have received advice from a Solicitor as to its contents and terms. Compromise Agreements normally benefit the employer therefore the employer will usually indemnify your legal costs in obtaining advice up to a certain amount normally £250 plus VAT. Once the agreement is entered you are precluded from bringing any action against the employer at any time.
