Originally posted by zara_backdog
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Previously on "14 days notice period for contract termination meaning"
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Originally posted by vj12354 View PostHi,
I'm a contractor and my contract state a 14 days notice period should be given in order to end the service, before the contract end date. My question is how much penalty needs to be paid to settle the early termination?
- Is it 10 working days (10 * day rate), which is same as 2 weeks notice period?
- Is it 14 working days (14 * day rate).
In either case, any supporting document / link would be much appreciated. I search over the internet for a long time but didn't find any answer, Can someone please help?
Thanks,
vijay
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The only things the termination clause really protects you against would be an immediate rate reduction or the agency immediately replacing you if they find someone cheaper. These days it's quite common to get terminated with an offer of a new contract at a lower rate. Then you can expect the notice period to be honoured.
It doesn't protect you against the client not having any work.
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Originally posted by vj12354 View PostThere is no termination clause, just the a notice period of 14 days from Agency to consultant. There was no specific reason for termination, they said there are getting more experienced personal and so I have to quite.
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Originally posted by SueEllen View Postvj12354 I suggest you read the termination clauses in your contract as well.
There is likely a clause that states that they can either dismiss immediately for any reason, or dismiss you for reasons of performance. If the client does this then definitely do not get any compensation for being terminated early.
There is no termination clause, just the a notice period of 14 days from Agency to consultant. There was no specific reason for termination, they said there are getting more experienced personal and so I have to quite.
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Originally posted by TheFaQQer View Post
Thank them for the work, and wish them the best of luck - they may want you back in the future, and any client that doesn't understand their contracts could be a nice one to have again.
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Originally posted by vj12354 View PostIn 14 days period, there are just 10 working days at max. But since a month I was asked to work overtime 6-7 days a week. My contract was terminated because the client got some cheap resource and they asked to leave immediately. So as per the contract I want to invoice for 14 days, but they said the pay only for 10 days. And I'm not happy about the client attitude.
Otherwise, they may read the contract and realise that they don't have to pay you anything for time you don't work and you end up with nothing.
Thank them for the work, and wish them the best of luck - they may want you back in the future, and any client that doesn't understand their contracts could be a nice one to have again.
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Originally posted by SueEllen View PostIf it says "14 days" it means by normal custom and practice it means 14 calendar days. If those calendar days fall on a working day that's what you may be entitled to compensation for. So if 12 of those 14 days are normal working days you get 12 days compensation.
However you may not necessarily be entitled to compensation for being terminated early. Why? Your contract states if there is no work to do then you don't get paid this means only in exceptional circumstances you will be paid for doing nothing.
In 14 days period, there are just 10 working days at max. But since a month I was asked to work overtime 6-7 days a week. My contract was terminated because the client got some cheap resource and they asked to leave immediately. So as per the contract I want to invoice for 14 days, but they said the pay only for 10 days. And I'm not happy about the client attitude.Last edited by vj12354; 3 December 2014, 14:56.
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vj12354 I suggest you read the termination clauses in your contract as well.
There is likely a clause that states that they can either dismiss immediately for any reason, or dismiss you for reasons of performance. If the client does this then definitely do not get any compensation for being terminated early.
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Originally posted by BolshieBastard View PostDo you seriously think there's going to be a link on the net for this?
What does your contract say?
I think I posted before that lots of posters who post here don't read and understand their contract before signing it.
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Originally posted by vj12354 View Post
In either case, any supporting document / link would be much appreciated. I search over the internet for a long time but didn't find any answer, Can someone please help?
Thanks,
vijay
What does your contract say?
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Originally posted by vj12354 View PostHi,
I'm a contractor and my contract state a 14 days notice period should be given in order to end the service, before the contract end date. My question is how much penalty needs to be paid to settle the early termination?
- Is it 10 working days (10 * day rate), which is same as 2 weeks notice period?
- Is it 14 working days (14 * day rate).
In either case, any supporting document / link would be much appreciated. I search over the internet for a long time but didn't find any answer, Can someone please help?
If it's the contractor breaching the contract, then you would need to take professional advice on what the sums are likely to be.
Leave a comment:
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If it says "14 days" it means by normal custom and practice it means 14 calendar days. If those calendar days fall on a working day that's what you may be entitled to compensation for. So if 12 of those 14 days are normal working days you get 12 days compensation.
However you may not necessarily be entitled to compensation for being terminated early. Why? Your contract states if there is no work to do then you don't get paid this means only in exceptional circumstances you will be paid for doing nothing.
Leave a comment:
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14 days notice period for contract termination meaning
Hi,
I'm a contractor and my contract state a 14 days notice period should be given in order to end the service, before the contract end date. My question is how much penalty needs to be paid to settle the early termination?
- Is it 10 working days (10 * day rate), which is same as 2 weeks notice period?
- Is it 14 working days (14 * day rate).
In either case, any supporting document / link would be much appreciated. I search over the internet for a long time but didn't find any answer, Can someone please help?
Thanks,
vijay
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