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Could A Compromise Agreement Help You Through The Credit Crunch?

By jerry21 at 24 July, 2009, 12:00 am

Compromise agreements are a kind of redundancy or severance package agreed between an employer and an employee. Compromise agreements are used when severance is voluntary, as opposed to being compulsory or forced upon the employee. As a voluntary arrangement, compromise agreements usually some form of incentive or monetary compensation for the employee.

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