Settlement agreements are important legally binding contracts that waive an individual's rights to make a claim covered by the agreement to an employment tribunal or court. With a settlement agreement in place an employee cannot unnecessarily raise issues such as unfair dismissal, nonpayment of wages, or unfair employment practices. Settlement agreements are essentially a legal contract executed between an employer and employee under which the former pays a sum of money to the later and in return the employee concerned will not raise any legal issues relevant to the employment and its termination. The agreement is signed by both parties and they are bound by the legal terms prescribed in the document.
The document or contract however could be quite long winded and complicated, full of legal terminology which might make it difficult to fully understand. For your own peace of mind, it is often better if any Settlement agreements are drafted with the help of a legal counsel. You cannot independently write your own agreement as you may not be aware of all the rules and regulations regarding this aspect of employment law. Employment solicitors fully understand the complexities of Settlement agreements and they are able to draft a fair and robust contract on your behalf which will negate any future problems or issues.
Settlement agreements when drafted in accordance with the current employment laws can withstand the rigours of legal scrutiny, if an employee's contract is to be terminated it is often best for both parties concerned if this is done with the help of specialist employment solicitors. If an employer pays the employee without executing the settlement agreement contract, the employeecould potentiallyclaim for unfair dismissal or other such issues.Employment Law Solicitors in Manchester are able to draft water tight Settlement agreements which are legally sound. Settlement agreements also set precedence, helping to protect employers from spurious claims at a later date.
It is difficult to run a business establishment without the help of employment law solicitors at some point or other,hiring the services of employment solicitors who with their wise counsel would show how to deal employees in the most legally watertight way. With the help of a specialist employment solicitor you can put a number of measures in place to ensure that you and your employees are working within the law and understand the boundaries of responsibilities. A great way to do this is to give each employee a staff handbook, complete will all of their legal responsivities as well as your policies and procedures, an employment solicitor can help you to do this correctly.
Source : articlesbase.com
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