Why Choose Us?
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In This Section
- Negotiating and drafting settlement agreements and exit packages
- Advising on restrictive covenants, confidentiality and protection of business interests
- Drafting and enforcing non-complete/non-solicitation clauses
- Financial compensation
- Notice periods and timing of your departure
- Garden leave arrangements
- Director resignations and announcements
- References and non-disparagement agreements to protect your reputation
- Minimising post-termination restrictions on future work and negotiating carve-outs to restrictive covenants
Financial Compensation
Specialist Employment Law Solicitors Across England and Wales
At Blackstone Solicitors, we provide expert advice on financial compensation within employment settlement agreements. Understanding what compensation should include, and whether it is fair, is essential before any agreement is signed.
Settlement agreements are often used to bring employment to an end on agreed terms. The financial element is usually central to that arrangement. Our solicitors ensure that clients fully understand what is being offered and whether it reflects their legal position.
Get in touch with us today on 0330 808 0918. Alternatively, complete our online enquiry form and we will contact you.
“I would like to thank you for all your help and your response on every correspondence was amazing. I would like to thank Isabella, for what she did. Lovely lady.“
– John 
How we can help you
We are highly experienced in bringing the various financial compensation cases we take on to a successful conclusion. We aim to provide comprehensive guidance at every step, offering the helping hand to lead you through the process to the outcome you desire.
Our team can offer help and advice on a wide range of settlement agreement cases, including:
- Negotiating and drafting settlement agreements and exit packages
- Advising on restrictive covenants, confidentiality and protection of business interests.
- Drafting and enforcing non-complete/non-solicitation clauses
- Financial compensation
- Notice periods and timing of your departure
- Garden leave arrangements
- Director resignations and announcements
- References and non-disparagement agreements to protect your reputation
- Minimising post-termination restrictions on future work and negotiating carve-outs to restrictive covenants
What Does Financial Compensation Include
Key Elements of a Settlement Package
Compensation in a settlement agreement can take several forms. It may include notice pay, outstanding salary, holiday pay and, in some cases, an ex gratia payment.
An ex gratia payment is typically offered in return for waiving potential legal claims. The value of this payment will depend on a range of factors, including the strength of any claims, length of service and the circumstances of the departure.
Other elements may also be included, such as bonuses, commission or contributions towards legal fees.
Understanding how each element is calculated is important. Not all payments are treated the same, particularly when it comes to tax.
Advice for Employees
Ensuring a Fair Financial Outcome
If you have been offered a settlement agreement, it is important to assess whether the financial compensation is reasonable. The initial offer is not always the final position.
We review settlement terms in detail and advise on whether the compensation reflects your potential legal claims. This includes considering claims such as unfair dismissal, discrimination or breach of contract.
Where appropriate, we negotiate improved terms. This may involve increasing the compensation figure, securing payment of benefits or clarifying tax treatment.
We aim to ensure that you receive a fair outcome and fully understand the implications before signing.
Support for Employers
Structuring Compensation Packages Correctly
For employers, offering the right level of compensation is key to achieving a binding and effective agreement. An offer that is too low may not resolve the dispute, while an excessive offer may not be commercially justified.
We advise businesses on structuring compensation packages that are fair, proportionate and aligned with legal risk. This includes assessing potential claims and determining an appropriate financial range.
Our solicitors also ensure that agreements are clearly drafted, with accurate breakdowns of payments and tax provisions. This helps avoid confusion and reduces the risk of future disputes.
Each case is handled with a clear strategy and attention to detail.
Why Choose Blackstone Solicitors
Trusted Employment Law Specialists
Clients choose Blackstone Solicitors because we offer more than just legal advice. We provide reassurance, clarity and a steady hand during what can often be a stressful time.
Our approach is responsive and pragmatic. We listen carefully, communicate plainly and act decisively. Every client is different, so we tailor our advice to suit your circumstances rather than relying on a one size fits all solution.
If you require expert employment law services in England and Wales, our team is here to help. Contact Blackstone Solicitors today to discuss your situation in confidence.
Contact us today
It could not be easier to get in touch with one of our expert solicitors and find out how we can help you get the outcome you want. Simply give us a call on 0330 808 0918 or complete our online contact form and a member of our team will be in touch to discuss your situation.
We are able to serve clients from across the UK and even around the world. We have offices in Cheshire and London and regularly take on clients from the Manchester and Chester areas.
