When, as employer, you want to say goodbye to an employee, it is always wise to first examine whether this is possible by mutual agreement with the employee.
This is called termination of the employment contract by mutual agreement, or: an “amicable arrangement.” The agreements on the manner and conditions under which the employment contract ends are then recorded in a so-called settlement agreement (or termination agreement). If you and the employee come to a settlement by means of a settlement agreement, you are spared the often lengthy, costly, and uncertain process of going to the UWV or the subdistrict court.
Drafting a settlement agreement
When drafting a settlement agreement, it is wise to hire a lawyer who specializes in employment law. At Kop Lawyers, we deal with settlement agreements on a daily basis and can assist employers as well as employees. Employers and employees often do not understand all the details that need to be agreed upon. What about the bonus for the current year? What about the payment or non-payment of vacation days? And do you give the employee time off or not? What about the lease car? All kinds of things you must think about and agree on.
Settlement agreement is always customized
A settlement agreement is always customized, and some settlement agreements involve (much) more work than others. It is also important that the settlement agreement meets the legal requirements. After all, the employee often wants to use it to apply for unemployment benefits.
Other problems
Is your problem not listed?Please schedule an appointment for a consultation.
Do you want to say goodbye to an employee, and do you want to explore the possibility of doing so by offering a settlement agreement?
Do not hesitate to contact Kop Lawyers. You can contact us for a free initial consultation, and you will know immediately where you stand.
