If your employer terminates your contract and offers you further financial compensation or another incentive, usually beyond your contractual entitlement, then they should provide you with a written Settlement Agreement.

 

If negotiated properly, a Settlement Agreement can be a very effective way to ensure that you are adequately compensated for the termination of your employment without the need to bring a formal claim against your employer. 

 

Claims against your employer can involve expensive employment lawyers and are usually time-consuming, energy-draining and may attract potentially damaging publicity.  

 

We're here to help…

Abbot Associates have extensive experience at writing and reviewing Settlement Agreements and Deed of Release documents for employees at all levels of seniority.