When should I expect payment?

This can vary from one employer to another. Usually, once a Compromise Agreement has been signed by all the parties concerned, your settlement money is usually paid out within 14 to 28 days.  Some organisations tend to process payments in the relevant monthly payroll. We would generally try to ensure a shorter payment date, but anything up to a month is very standard.

A decent advisor will ensure that the payment mechanism is stipulated within the Compromise Agreement itself, in terms of both the payment date and also any payment method you prefer if its not the bank account into which your salary is paid. If you want to find out how much your compromise agreement is worth, try our free Compromise Calculator.

If you have any questions, please don’t hesitate to email us on info@compromiseagree.com , call us 0800 533 5134 or send a message in the box to the right.