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were talking about settlement agreements now as an employee a settlement agreement will look something like probably a deed of settlement in release because this is because you and your employer have come to an agreement to most likely end your employment and they are going to want to be released from legal liability and that agreement now other settlement agreements might be an agreement for you to go from casual to contractor or found a permanent employment to casual or permanent employment to contractor and thats when there is a major change in your working conditions and I would encourage you and your employer to come to a written agreement that this is something that you both decided to do what that does that gives you the satisfaction that youve got that agreement in writing and that you know whats happening with that agreement and it gives your employer that comfort that this is agreed by you and youre not going to try and Sue them later because youve made this agreement w