Employment Settlement Agreements In Cyprus

What to Check Before Signing

Before accepting an employment settlement, find out how much of the offer is money you would be owed anyway. A payment described as six months’ salary may include your final wages, notice pay and unused leave. The amount offered for settling a disputed dismissal could be considerably less.

The wording deserves just as much attention. A settlement can bring an employment dispute in Cyprus to an end, but it may also release claims you intended to pursue or impose obligations affecting your next job.

Check the payment breakdown

Ask for a written breakdown before negotiating the overall figure. It should distinguish between:

• salary earned and reimbursable expenses;