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this video wont take a look at something that I come across very very regularly that is a compromise agreement or settlement agreement where an employee is going to leave the employment so there may have been a dispute of some description there may have been a grievance - may have been perhaps even a disciplinary proceeding the relationship as well may have just broken down between the employer and employee and essentially they recognize both parties the employer and employee that the relationship is broken down and theyre going to go their separate ways in these circumstances youre gonna have a compromise agreement or a settlement agreement agreement this is a negotiated exits which the employee is expected to sign now in return for signing this the employee is going to be given some sort of an exit package a settlement payment in addition to perhaps statutory redundancy and notice and any holiday period it might be outstanding the employee we also perhaps be given a settlement pay
