Employment Settlement Agreement

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Frequently Asked Questions

What is an employment settlement agreement in Ireland?

A settlement agreement (also called a compromise agreement) is a legally binding contract between employer and employee that settles all employment law claims arising from the termination of employment, usually in exchange for a financial payment.

Do I need independent legal advice before signing a settlement agreement?

Yes — a settlement agreement is only legally binding if the employee receives independent legal advice from a qualified solicitor before signing. The solicitor signs a certificate confirming advice was given. Our fixed-fee service covers this.

Is a redundancy settlement payment taxable in Ireland?

The first €10,000 plus €765 for each completed year of service (statutory redundancy and enhanced severance within certain limits) may be exempt from income tax. Revenue’s SCSB formula may also apply. Tax advice specific to your situation is recommended.

What Our Clients Say

“Got independent legal advice on my settlement agreement quickly and at a very fair price. Very reassuring.”

“Explained the settlement agreement clearly and advised on what was negotiable. Saved me a lot of stress.”

“Professional and discreet. Exactly what I needed at a difficult time. Would recommend to anyone.”