Originally broadcast on Friday, April 20, 2012 - 15:30

A compromise agreement is a legally enforceable instrument which follows the termination of a contract of employment. Often this will be a negotiated financial payment made by the employer and an ex-employee, for which the latter will surrender his rights to claim for breach of the employer’s obligations. This arrangement has the benefit of allowing both parties to circumvent expensive legal costs emanating from Tribunal proceedings.

Throughout this essential webinar our panel of expert speakers will discuss the fundamental elements of compromise agreements, whilst providing key considerations for both employer and employee.

This webinar covers:
o What is a compromise agreement and how does it differ from a COT3?
-          How do you introduce it?
o Key considerations for the employer
-          How much?
-          References
-          Non disparagement
-          Confidentiality
o Key considerations for the employee
-          How much?
-          When?
-          Legal fees
-          Job offers
-          References
-          Non disparagement
-          Confidentiality
-          Announcements and maximising "extras”
o Tricky issues and when to get specialist advice
                - Share schemes
                - Director’s duties
                - Public sector restrictions
o Taxation - efficiencies and potential problem areas
-          PILONs
-          Injury to feelings awards
o Proposals for change
-          "settlement agreements"
-          Government simplification proposals
-          Conclusions and the benefit of hindsight