Q: What do I need to look for in a Compromise Agreement?
Here is a crash course on the essentials to look out for:
- The agreement must be in writing
- The agreement must relate to a particular complaint
- The employee or worker must have received advice from an
independent legally qualified person (such as a solicitor) as to the
"terms and effects" of the proposed agreement. The key thing here is
that signing the agreement will prevent him/her from bringing a claim
in an Employment Tribunal
- This adviser must have professional indemity insurance
- The agreement must identify and be signed by the adviser
- The agreement must state that the conditions regulating Compromise Agreements under the Act are satisfied.