Originally posted by Green Mango
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Reply to: Lucky lucky barsteward
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Previously on "Lucky lucky barsteward"
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Originally posted by doodab View PostIt is all swings and roundabouts.
He has earned that payoff by not being paid very well. For 10 years.
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Originally posted by NotAllThere View PostSAP and middlewaremiddlew
Anyway - specifically, it isn't gardening leave, and there's no anticompetition clause - and yes, his new job is with a competitor the other side of town.
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At ClientCorp a guy joined the team as Community Manager (it's a "social networking" thing...) and, after about a month, announced that he was leaving to take up the same position at a competitor.
ClientCorp invoked the non-compete clause in his contract, which meant he couldn't start at the new place for three months. So he was given gardening leave, paid full salary for three months to stay at home, then started his new job.
Then ClientCorp cancelled the project we'd been on before it even launched, so there wasn't any competition anyway
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A large company which my missus used to work for moved out of London a few years ago and paid very generous redundancy to employees who didn't want to move with them.
The old building was then taken over by a new company which promptly employed a load of the old staff who went straight back to work in their old offices after a couple of week's holiday.
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He's on over £100K. As a techy. New job is mariginally better paid.
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Originally posted by doodab View PostIt is all swings and roundabouts.
He has earned that payoff by not being paid very well. For 10 years.
Leave a comment:
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It is all swings and roundabouts.
He has earned that payoff by not being paid very well. For 10 years.
Leave a comment:
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Lucky lucky barsteward
Just had a nice boozy lunch with an ex-colleague. He's a permie, on 6 months notice, and has just got a pay-off from his employer, which means he gets six months pay in lieu plus a few other cash payments. What his employer doesn't know is that he has just been offered (And accepted) a job in another company...
So for once, I didn't mind a permie paying the bill - though naturally, I've got the receipt.Tags: None
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