Settlement agreement templates toolkit

£ 35
5 templates
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Scripts
1

Contracts
1

Letters
2

Guides
1

Our Settlement Agreement Templates Toolkit ensures fair resolutions, simplifying the process of ending employment relationships.

Effective settlement agreement templates that ensure that you meet your legal obligations when mutually ending an employment relationship.

Our settlement agreement templates cover a variety of topics, including termination letters, compromise agreements, and settlement negotiation templates. With our Settlement Agreement Templates Toolkit, you'll have access to templates that can help you manage the process of ending employment relationships on a mutual basis, protect your organisation's interests, and reduce the risk of potential disputes.

 

We also have budget-friendly bundles featuring this toolkit:

What are Settlement Agreements?

A Settlement Agreement is a legally binding contract made between an employee and employee. It is usually entered into at the termination of employment and sets out the full terms between the parties.

Settlement agreements can also be used to resolve an ongoing workplace dispute, for example, a dispute over holiday pay. These agreements can be proposed by either an employer or an employee, although it will normally be the employer.

Once a valid settlement agreement has been signed, the employee will be unable to make an employment tribunal claim about any type of claim which is listed on the agreement.

Where the employer and employee are unable to reach an agreement, the settlement discussions cannot usually be referred to as evidence in any subsequent unfair dismissal claim. Where the settlement discussions are held to resolve an existing dispute between the parties they cannot be used as evidence in any type of claim.

Settlement agreement templates toolkit
settlement agreement templates toolkit
settlement agreement templates toolkit

What legal and best practice aspects should employers be aware of?

  • Settlement agreements can be used to settle a wide range of employment-related disputes, including claims for unfair dismissal, discrimination, breach of contract, and more.

  • For a settlement agreement to be legally binding, it must meet certain requirements, such as being in writing and signed by both parties, and the employee must have received independent legal advice on the terms and effect of the agreement.

  • In exchange for the employee agreeing to settle any potential claims, the employer will typically offer a financial settlement, which may include a sum of money, a reference, and other benefits.

  • Settlement agreements are voluntary, and the employee has the right to reject the proposed terms if they are not satisfactory. However, if the employee rejects the agreement, they may lose the opportunity to receive the financial settlement offered.

  • Settlement agreements can be a useful tool for employers to manage and resolve disputes with employees, as they can help to avoid the time, expense, and uncertainty of litigation.

  • However, settlement agreements are not always appropriate or effective, and employers should carefully consider the specific circumstances of each case before proposing a settlement agreement.

  • Employers must ensure that settlement agreements comply with relevant employment law and do not attempt to waive an employee's statutory rights, such as the right to bring a claim for discrimination.

  • If a settlement agreement is reached, it will typically include a confidentiality clause, which prohibits both parties from discussing the details of the agreement with third parties.

Contents

Click a title to view / purchase
Guides
Guides

Our Guide to Off the Record or Protected Conversations provides comprehensive insights on handling confidential discussions, ensuring legal compliance and effective communication.

£ 20
Letters
Letters

Use this model letter when you have reached a settlement agreement with an employee who will be leaving your employment as a result, to enclose the settlement agreement.

£ 15

Use this model settlement agreement proposal letter to enter discussions with an employee about ending their employment relationship.

£ 15
Contracts
Contracts

Our Settlement Agreement Template facilitates fair and clear resolution, easing legal processes for both parties involved in employment separation.

£ 25
Scripts
Scripts

Our Protected Conversation Script Template facilitates sensitive discussions, allowing employers to explore options without risk of legal recourse.

£ 15
Who are some Companies who utilise our Settlement agreement templates toolkit?
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Why choose our Settlement agreement templates toolkit?

  • The documents are easily editable and implementable, saving you time and money
  • All content is designed by CIPD accedited Chartered HR practitioners with operational experience in this area
  • You will maintain compliance with ACAS guidelines, legislation, and industry best practices
What other advantages does buying from hrdocbox.co.uk offer?
  • Email notifications for any templates added to this toolkit
  • 12 months of unrestricted access without any additional costs (any update in that period is free to you)
  • Complimentary HR advice and support via email for 28 days upon purchase
  • A 25% discount on all library, toolkit, and template purchases/renewals

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