How long do I have to decide about a Settlement Agreement?

Focus on Settlement Agreements

In this series of articles I am going to focus on Settlement Agreements and answer the most Frequently Asked Questions that you may have. If there are any questions that are not covered please leave a comment, or send an email, tweet or Facebook message and I will add the answer.

 

How long do I have to decide if I want to sign a Settlement Agreement?

This will depend on your Employer. Normally the Employer will say that a Settlement Agreement offer is available for acceptance for a short period of time and therefore to avoid losing the offer it is advisable to seek legal advice as soon as possible.

If there is going to be a delay for any reason your Solicitor can then liaise with your Employer to get an extension of time.

The ACAS code of practice states that a reasonable period of time to consider the terms of the Settlement Agreement is 10 calendar days and therefore your Employer should give you 10 days minimum to decide and obtain legal advice.

Remember that the Agreement is not binding until it has been signed by both parties and so it could be withdrawn by the Employer at any time.

 Settlement Agreement

Where can I find more information?

ACAS have produced a code of practice which can be found on their website www.acas.org.uk which contains information about how a Settlement Agreement should be prepared and the discussions that take place around the Settlement Agreement.

Alternatively you can give me a call on 023 80982006, 01983 897003 or 07969 598080. I can also be contacted by email on Alison@realemploymentlawadvice.co.uk

 

Have you been given a Settlement Agreement and want to arrange an appointment to discuss ?

I offer appointments that are convenient for you & we can discuss your Settlement Agreement: in person, on the telephone, via Skype or facetime.

I can meet with you face to face in Southampton, Portsmouth, Eastleigh, Winchester, Fareham, Isle of Wight and surrounding areas.

Just give me a call, drop me an email, or send me a message via Facebook or twitter and we can arrange the best time and means of communication for you.

By Alison Colley

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