Your age might affect the value of your settlement package.
If you are relatively young and inexperienced, your award may be less, as:
- You may face fewer challenges in finding another job; and
- You may have a lower salary and benefits package, which might reduce the overall potential value of your claim
However, if you are nearing retirement age and your role is highly specialised, the fact you are likely to have trouble finding new employment might be a favourable factor in the settlement agreement negotiations (particularly if you have a large salary and/or your employer makes relatively large pension contributions on your behalf).
