Separation Agreement Employment is an arrangement between an employer and employee that allows the employee to leave their current employment without consequences or retribution. This type of agreement typically covers any form of compensation, such as wages, bonuses, or other severance payments; any benefits they are owed; and any other obligations that must be met, such as maintaining confidentiality or policies around non-compete agreements. It’s important that employers ensure they have a clear understanding of the terms and conditions involved in a Separation Agreement Employment before entering into it so that both parties have certainty and peace of mind going forward.