In this podcast, Lucy White and Shauna Jones, members of the employment team at Clarkslegal, will guide you through the complex topics of redundancy and settlement agreements. They will explain what redundancy means for both employers and employees and how settlement agreements work in practice.
Topics covered:
- What is redundancy?
- What rights does an employee have if they are made redundant?
- What is a settlement agreement?
- What is a protected conversation?
- What does “without prejudice” mean?
- What are the differences between redundancy and settlement agreements?
- How is a settlement agreement negotiated?
- What must an employer include in a settlement agreement?
- Are payments in settlement agreements taxable?
- Confidentiality clauses in a settlement agreement
- What other standard terms are found in settlement agreements?
- How much time should an employee be given to consider a settlement agreement?
If you have any questions about anything discussed in this podcast or need assistance drafting or negotiating a settlement agreement, our experienced employment team would be more than happy to advise.