When your employment ends under a Settlement Agreement, there will usually be practical arrangements to deal with company property and workplace benefits.

These issues are often straightforward, but they should still be clearly documented to avoid misunderstandings after your employment has ended.

Your Settlement Agreement may set out exactly what must be returned, what benefits will continue until your leaving date and whether any items can be retained.

What company property will I need to return?

Most employers will require company property to be returned before, or shortly after, your employment ends.

This commonly includes:

• Laptops.
• Mobile phones.
• Security passes.
• Keys.
• Company vehicles.
• Credit cards.
• Uniforms.
• Documents and files.
• Confidential business information.

Your Settlement Agreement may specify when and how these items should be returned.

What happens to my company car?

If you have a company vehicle, the Settlement Agreement should explain:

• When it must be returned.
• Whether you may continue using it during your notice period.
• What happens to any fuel cards.
• Any arrangements relating to insurance or servicing.

If the arrangements are unclear, they should be clarified before the agreement is signed.

What happens to my laptop and mobile phone?

In most cases, company-owned equipment must be returned.

However, employers will sometimes agree to:

• Allow you to retain your mobile number.
• Transfer ownership of certain equipment.
• Provide access to personal files before equipment is returned.

If these issues are important to you, they can often be discussed during negotiations.

What happens to private health insurance and other benefits?

Your Settlement Agreement should explain when contractual benefits come to an end.

These may include:

• Private medical insurance.
• Life assurance.
• Dental cover.
• Income protection.
• Gym membership.
• Employee discount schemes.
• Share incentive schemes.
• Car allowance.
• Bonus arrangements.

Some benefits end immediately, whilst others continue until your employment officially terminates.

Can these arrangements be negotiated?

Often, yes.

Depending on the circumstances, negotiations may include:

• Extending certain employee benefits.
• Retaining equipment.
• Keeping your mobile number.
• Agreeing practical handover arrangements.
• Clarifying bonus or benefit entitlement.
• Agreeing flexible return dates for company property.

Addressing these practical matters before signing can make your departure considerably smoother.

Why do these details matter?

Although these issues may appear relatively minor compared to the financial settlement, they often become a source of unnecessary disagreement after employment has ended.

A well-drafted Settlement Agreement should clearly deal with these practical arrangements so that both parties understand their obligations.

How Pepperells can help

Our specialist Employment Solicitors will:

• Review the practical arrangements contained within your Settlement Agreement.
• Explain your obligations regarding company property.
• Identify any unclear provisions.
• Advise whether additional protections should be included.
• Negotiate practical amendments where appropriate.

We aim to ensure there are no surprises after your employment comes to an end.

A smooth transition

The best Settlement Agreements do more than resolve legal claims—they also deal with the practical realities of leaving employment.

By ensuring these arrangements are clear from the outset, you can move into your next role with confidence and certainty.

Speak to a Specialist Solicitor

If you’re unsure what company property must be returned or when your employee benefits will end, Pepperells can help.

Our specialist Employment Solicitors will review your Settlement Agreement, explain the practical arrangements and negotiate amendments where necessary to ensure everything is clear before you sign.

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