A compromise agreement is a legally binding document that sets out an agreement between an employer and employee with regards to termination of employment. It is often used in a situation where an employee is, or claims to have been, unfairly dismissed from their role.
What is a compromise agreement?
The employer usually provides a severance payment in exchange for the employee’s agreement not to pursue any claims in a Tribunal or a Court. Employees may be entitled to notice pay, outstanding holiday pay, expenses and potentially any bonuses.
In a nut shell, the agreement should outline any compensation to be paid, terms as to confidentiality, tax and any statutory rights, and specify the nature and extent of the claims being waived.
Get your entitlement estimate
Please complete the information below. This will provide an indication as the potential level of an employee’s entitlement. This is an indication only based on gross salary and length of service – it is impossible for the calculator to factor-in all possible employment circumstances. To obtain bespoke advice which covers all of the relevant circumstances in the individual situation you are dealing with, please contact one of our team.
Length of service
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Please choose
- Not more than 26 weeks
- More than 26 weeks but not more than 1 year - 4 weeks' pay
- More than 1 year but not more than 2 years - 8 weeks' pay
- More than 2 years but not more than 3 years - 12 weeks' pay
- More than 3 years but not more than 4 years - 16 weeks' pay
- More than 4 years but not more than 5 years - 21 weeks' pay
- More than 5 years but not more than 6 years - 26 weeks' pay
- More than 6 years but not more than 7 years - 26 weeks' pay
- More than 7 years but not more than 8 years - 26 weeks' pay
- More than 8 years but not more than 9 years - 26 weeks' pay
- More than 9 years but not more than 10 years - 26 weeks' pay
- More than 10 years but not more than 11 years - 26 weeks' pay
- More than 11 years but not more than 12 years - 26 weeks' pay
- More than 12 years - 26 weeks' pay
What is your income and notice period?
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Your settlement estimate: £0
