Compromise Agreement Datasheet

Overview

The Compromise Agreement is suitable for when an employee’s employment is terminated and the employer wants the employee to give up any rights they may have to any employment related claims. In return for the employee giving up their rights, the employer normally has to pay the employee some compensation.

The Agreement sets out the clauses about the compensation and the giving up of rights.

The law requires that before an employee signs a Compromise Agreement, they must have received advice about it from one of:  a qualified Lawyer, qualified Trade Union official or a qualified advice centre worker.

The Cleardocs Compromise Agreement allows you to include, for example, clauses about: the employee’s adviser, any continuing or new obligations, that both parties agree not to damage the reputation of the other, compensation (and repayment of compensation if the employee  breaches the agreement).

Features of Cleardocs

• Our intelligent software creates a tailored document specific to your business based on your online answers.
  
• Online information helps you answer the interface questions.
  
• We allow you to change your answers within the Cleardocs system until the document is signed.
• If you would like to change your answers once you have paid & reviewed your document, please contact us on 0845 474 0372.
  
• The document we email to you is ready for signing.
  
• All our documents, and interfaces, are signed off by Ashfords.
  
• We provide a free helpline with free access to Ashfords for queries about our documents.
  
• All our documents are written in plain English, no legal jargon.
  
• Instructions for next steps are sent to you with the document.
• We are the only pay-as-you-go document provider. 
  
• We keep you updated with any changes in legislation via email, and we email you draft staff announcements. 

Features of the Compromise Agreement

Suitable for senior or junior employees whose contracts have been or are about to be terminated.

Claims that are commonly compromised include:

• Wrongful dismissal/breach of contract
• Ouststanding pay, overtime, bonuses or commission
• Unfair dismissal
• Illegal discrimination of all types
• Redundancy payments
• Working Time regulations
• Maternity related claims
• Equal pay claims

 

The agreement must relate to particular proceedings that are being settled, or to a particular claim.  Many employers attempt to compromise all claims (even where none my be threatened).  This is not without risk as it may be found to be void.

Cleardocs Documents

The dynamic Cleardocs interface far exceeds the customer experience of using document templates. Competitively priced and professionally prepared by Ashfords Solicitors, our documents provide an authoritative alternative.

Online and on the phone - Cleardocs provides an expert system with 24/7 availability. Our products are accompanied with a free helpline during normal business hours, including access to fully qualified, practicing employment lawyers.

Cleardocs is dramatically different from both standard legal employment document providers, and even so-called 'online' HR document providers. 

The Cleardocs Interface

The image below is an example of the online form used in the Cleardocs system.  You simply answer the questions to generate the final document.

Related Products

Redundancy Notifications

Staff Handbook

There's more

If this product information does not provide details of every clause in the contract or if you have any questions about a specific clause, then please call us on 0845 474 0372.

About Ashfords

 

 

Read more about our legal partners Ashfords

Contact Cleardocs

Helpline: 0845 474 0372
Email: support@cleardocs.co.uk
Web: www.cleardocs.co.uk