If you are being made redundant by your employer, you may be offered a Settlement Agreement either: a) at the beginning of the redundancy process, or b) once the redundancy consultation process has concluded.
Your employer may offer you a Settlement Agreement at the beginning of the process because they want to avoid the difficulties of carrying out a redundancy consultation process, because they think their offer is so generous they think you will want to accept it straight away, or because they are aware the redundancy process is flawed and they prefer to pay you off and avoid the risk of a dispute.
Your employer may only offer you a Settlement Agreement once the redundancy consultation process has concluded because they are not sure your role will be selected for redundancy, they hope to find you another role internally, or they want to be seen to be carrying out a fair procedure.
If you have been put at risk of redundancy, there is no harm in asking them what the redundancy package will be if you are made redundant.
Whether you have been put at risk of redundancy or offered a Settlement Agreement, we provide expert legal advice to support you through this process. This will include carefully considering whether a fair process is being followed and whether any legal claims arise. We can advise on whether there is scope to negotiate a better package for you.
At Reculver Employment Law Solicitors we can provide advice and support either meeting you in person or online. Call us today for a free initial chat on 0207 118 0950.