Watch our Monday Mode on Settlement Agreements
A safe, but costly, way to exit employees
Be clear what you want to offer
Be prepared to negotiate
In the 6th of our Monday Mode sessions we explore Settlement Agreements – with more and more businesses looking to reduce operating costs and finally getting round to dealing with those employees they should probably have dealt with a long time ago, having that without prejudice conversation and offering a lump sum of money to leave the business can often a safe, but costly, option.
So how do you start that discussion, what do you need to say and what sort of things do you need to consider.
This demonstration conversation highlights some of the key points you need to remember and some of the questions and objections you might encounter. We also explain some of the intricacies of settlements and what happens when you can’t agree.
If you need advice on how to negotiate a settlement, or where to start, we’d be happy to help.
Do you have questions about Settlement Agreements?
Give us a call at CUBE HR, we’ll be happy to advise you and we have policies and templates available to meet every HR need.
Why not check out our other blog on the same topic Alternatives to Redundancy – Wednesday Wisdom Session 4
You can also watch a range of other videos on our YouTube channel