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Compromise Agreements

October 25th, 2010

Every employee should make sure that he knows what he is getting into while applying for a job. Having a job is necessary in those trying times. If you do not have one, you better hurry and make sure that you find a place that will allow you to make some money. Even if you have a job, it does not mean that you are going to have it forever. If your employment has been terminated for some reason, a Compromise agreement usually follows. COmpromise agreements are legally binding documents that follow the termination of an employment. In this agreement, you agree not to pursue any clam that you might have to an employment tribunal. I know that all of this might sound complicated. I also think that dealing with such issues on your own might not be the best idea. You will probably agree with me that a little help from an experienced solicitor can ensure that you are going to get the most out of your compromise agreement. You need to know how to protect yourself as an employee, because more and more employers use compromise agreements as a way to prevent possible complaints in the future to a tribunal.

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