Settlement Agreement
Protecting your business with settlement agreements
When managing sensitive or complex employee exits, it’s important to protect your business while treating people fairly. A well-managed Settlement Agreement can help you achieve both – offering closure for the employee and peace of mind for the employer.
At vivoHR, we support you in understanding when a Settlement Agreement is appropriate and how to handle it in a way that feels fair, clear, and professional. We’ll work closely with you, and your legal adviser, to ensure the process runs smoothly and with minimal disruption.
If you’re facing a challenging situation and think a Settlement Agreement could help, talk to us – we’re here to guide you through it.
Why choose vivoHR?
With a proactive and experienced team, vivoHR provides clear, practical, and commercially focused HR support. Whether remotely or on-site, we help businesses utilise settlement agreements effectively while ensuring fairness, compliance, and risk mitigation.
How vivoHR can support your business
Settlement Agreements can be a useful tool in managing employee exits smoothly and fairly. At vivoHR, we provide straightforward, practical support to help you handle the process with confidence and care.
We can help with …
Understanding if a Settlement Agreement is the right option
Preparing and reviewing the agreement
We’ll support you with the key elements – reviewing wording, offering clarity, and working alongside your legal adviser as needed to ensure everything is in good order.
Supporting conversations with employees
We can help you plan how to communicate the agreement clearly and constructively, so discussions are handled with professionalism and empathy.
Staying compliant
Why you might need a Settlement Agreement in place
While many employment situations are often straightforward, certain scenarios make a Settlement Agreement a valuable option, such as:
High-risk redundancies
Where an employee may dispute the redundancy process or selection criteria
Performance or conduct concerns
If underlying performance or disciplinary issues could lead to further disputes
Discrimination or unfair dismissal risks
Where there is potential for claims based on discrimination, unfair dismissal, or whistleblowing
Senior or long-serving employees
Ensuring a dignified and amicable departure while protecting business interests
Settlement Agreement FAQS
What is a Settlement Agreement?
A Settlement Agreement is a legally binding contract between an employer and an employee that sets out the terms on which an employment relationship will end. One of its key benefits is that it includes a waiver of the employee’s right to bring an employment tribunal claim against the employer, providing much-needed certainty and protection for businesses.
These agreements are particularly useful in dispute situations or where employers wish to mitigate potential risks associated with trickier employment relations processes.
Can an employee negotiate the terms of a Settlement Agreement?
Yes, employees are entitled to negotiate the terms of a Settlement Agreement. This is why it is a legal requirement for them to seek independent legal advice before signing. vivoHR can guide employers on how to approach negotiations to achieve a fair outcome that protects business interests.
What happens if an employee refuses to sign a Settlement Agreement?
An employee is under no obligation to sign a Settlement Agreement. If they choose not to, the employer must proceed with any other necessary and appropriate employment process in accordance with employment law. vivoHR can help employers manage these situations carefully to avoid unnecessary disputes and ensure compliance.
What’s the cost for pay-as-you-go hr support?
Pay-as-you-go support is £120 + VAT per hour. Great for one-off help without a subscription.
What’s the price for phone and email support?
Phone and email support starts from £100 + VAT – ideal for day-to-day questions or quick advice.
Do you offer monthly HR support packages, and what do they cost?
Yes – our monthly retainers start from £217 + VAT. These give you ongoing support with the flexibility of a monthly plan.
Let’s Get Started
Contact us today for a free consultation and discover how our clear and practical HR solutions can help your business achieve compliance with effective Settlement Agreements.