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Compromise agreement
If an employer and employee are in dispute then they may formally settle that dispute by entering into a legally binding contract called a compromise agreement. A compromise agreement can be used to settle any disputes which would otherwise have to be settled by the employment tribunal or county court. A compromise agreement will usually provide an employee with compensation. In return, the employee will agree not to pursue any legal claim that he or she may have against the employer (as well as agreeing to any further conditions that the employer may impose).
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Compromise agreement
If an employer and employee are in dispute then they may formally settle that dispute by entering into a legally binding contract called a compromise agreement. A compromise agreement can be used to settle any disputes which would otherwise have to be settled by the employment tribunal or county court. A compromise agreement will usually provide an employee with compensation. In return, the employee will agree not to pursue any legal claim that he or she may have against the employer (as well as agreeing to any further conditions that the employer may impose).
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Compromise agreement
