While redundancy and settlement agreements can overlap, they are fundamentally different. If your employer has offered you a settlement agreement as an alternative to redundancy, you should carefully consider which route to take, as each has different financial, professional, and legal consequences.
A severance package is often offered by an employer to incentivise an employee to accept a settlement agreement (formally known as a compromise agreement), and the terms can be negotiated.
Our Divorce and Family Law team often hears the same questions from new clients worried about how their money will be handled as part of their financial settlement in divorce. We answer some of these FAQs...
We believe one of the keys to giving our clients a personal service tailored to their needs is getting to know who they are. So, we’ve turned the tables by asking each member of our staff three questions, so you get to know about them.
Our Divorce and Family Law team often hears the same questions from new clients worried about how their marital home or other property will be handled as part of their financial settlement in divorce. We answer some of these FAQs…
It is important to understand these concepts, particularly if you are an employee considering your options and deciding whether to accept an offer to terminate your employment.