They are usually used to terminate an employee’s employment, and if negotiated properly, are a very useful tool for employees and employers as they enable the employer to ensure that no future claims will be made by an employee, whilst allowing an employee to receive a financial payment (very often tax free) as compensation for giving up such rights. They save the need for employment tribunal proceedings which can be expensive and time-consuming, and may attract potentially damaging publicity.
In order to be binding, there are several requirements that must be fulfilled, however, the most important is that the employee must take independent legal advice on the contents and the effect of the agreement before agreeing to enter in to it.
Mr B, WaltonEmployment Law Chesterfield
Very professional and showed empathy throughout.
Mr P, ChesterfieldProfessional yet personal & understanding. Excellent service
Mrs L, Old TuptonKatie is understanding, considerate and very kind and thoughtful in her manner.
Mr. Richard Kay, Operations Manager, Stagecoach East MidlandsWe have used Banner Jones for employment advice for over 20 years and the team have always found the best approach to resolve our problem
David Hart InXpress Sheffield“Katie Ash recently reviewed an employment agreement for me and provided extremely sound and practical HR advice. She took the time to understand my background and business requirements, which proved invaluable for me to reach the right professional solution. She displayed wide industry knowledge in HR employment matters and I would, without hesitation, recommend BannerJones and their legal and consultancy services provided by her.”
Mr A, ChesterfieldExcellent service due to business relationship with our solicitor.
Mrs W, MansfieldVery efficient, friendly and professional. We would definitely recommend to friends and family. They made the whole experience problem free.
Mr P, RotherhamService was incredible. Lee Foster made the transition smooth and easy. Thanks Lee!
Mr F, BolsoverVery efficient, friendly, personable and excellent service.