If you choose not to sign a settlement agreement, your options will depend on your specific circumstances.
If you’re being made redundant, the redundancy process would continue without the additional benefits the settlement agreement offered. You should receive your statutory redundancy entitlement but might lose any enhanced package.
If the agreement relates to a workplace dispute, you retain your right to pursue claims at an Employment Tribunal. However, this path involves uncertainty, additional costs, and can be lengthy. It is therefore important to properly consider any offer that is put forward.
The employment relationship would continue in its current state until formal termination through usual processes. This could mean continuing to work in a potentially difficult environment.
Our solicitors can help you weigh up your options and potential outcomes before deciding whether signing is in your best interests.
Sometimes declining to sign and negotiating further can lead to improved offers, but this strategy carries risks that need to be carefully assessed based on your individual situation. We can advise you fully in that regard to ensure you understand the risks before making your decision on how to proceed.