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Does the size of my employer affect what I can expect to receive under an agreement?
The size of your employer (in terms of the number of employees, financial resources etc.) will, generally, have an impact on the amount of money that you are able to negotiate with your employer under a settlement agreement – this is because, as a general rule, larger employers with greater financial resources will generally have the resources to pay out larger settlement sums to departing employees; they will certainly have greater resources than smaller businesses, which may not be able to afford large payouts to employees to settle claims.
However, on the other hand, larger employers have the resources to engage expensive legal teams to defend your claim, so this may make it more difficult to succeed with the Employment Tribunal claims that you are asserting.
Our expert employment solicitors can help you navigate your settlement, and can advise you on how to best approach your situation (regardless of the size of your employer or how expensive their legal team is).
Redmans Limited is a company registered in England and Wales with registration number 05872980, VAT GB893856068, and registered office Parkshot House, 5 Kew Road, Richmond, TW9 2PR. Settlement Agreement Lawyer is a firm of solicitors authorized and regulated by the Solicitors Regulation Authority (SRA number: 468098).