High goal, but willing to compromise. To reach an agreement, both sides must feel that the agreement is right. No no. But depending on the circumstances, your employer could fire you. If you reject the offer, you may not be better. If you feel you have been treated badly, you can still make a claim after you refuse a transaction, but you may not receive as much money as you were originally offered. Keep in mind that the terms of a transaction must be agreed upon by both parties and that your lawyer will be able to inform you of what would be appropriate in your circumstances. Beyond special rights, employers will also strive to ensure that there are no other possible claims in the future that you may make against them. Comparison agreements for patterns or precedents often have a list of all types of known work claims, even those that might not be applied to you. For example, most agreements retain pregnancy and maternity formulations, regardless of your gender. You could refer to the rights of part-time workers and the right to be heard with respect to layoffs, even if you have never been in those situations. Almost all transaction agreements contain a standard confidentiality agreement.
Sometimes this only covers the terms of the amount offered in the agreement. However, in some cases, it is the existence of a transaction agreement, which means that you do not have to tell anyone that this is the way you agreed to terminate your contract. As a general rule, you can opt for exemptions from this rule, so it does not apply to direct family, spouses and professional counsellors. If people know you have a dispute or right against your employer, it is important to check what type of confidentiality agreement has been offered to see if this is appropriate. The law states that you cannot sign a transaction agreement without the advice of a qualified lawyer, a certified union delegate or a consultant. All of these advisors must be covered by compensation insurance and should be specialists in transaction agreements. If you are asked to have an “off-balance sheet” discussion about your job, it can come out of the sky. Similarly, it can be a relief if you assumed that “something” had been on the cards for some time. When dealing with a disciplinary matter, during a dismissal situation or if you have filed a formal complaint or claim against your employer, a settlement agreement can be reached with you. There are many reasons why an employer might choose to open discussions with you, and why you might try to do so.
On this blog, we show 10 things you need to know about transaction agreements.