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Post by Chris on Apr 9, 2015 14:05:39 GMT
Answered a bit quick there : back to work,shut up,look for another job,aim for the next bonus then leave as soon as Thats paid. Seems like a plan.
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Post by danielquinn on Apr 9, 2015 14:08:15 GMT
Seems to me there is only one eventual outcome to this , however I am not at all sure that such a bargain is legal . However, it is often easier for an employer to fuck you over and then deal with the fallout if you have the means and inclination to deal with it legally .
Try a bargain , say you will take 6 months pay , 70% of the bonus due in January , if not then you are to seek legal advise before you make a decision .
I would seek legal advise , your first meeting should be free .
p.s - From all you have said , it would seem optimistic to assume the matter can be stretched out till January .
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Post by ChrisB on Apr 9, 2015 14:10:37 GMT
If it were me, I'd grab the cash as long as a decent reference is assured and there was a good chance of finding a new job soonish.
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Post by MartinT on Apr 9, 2015 14:13:44 GMT
I'd take the money on condition that you get a perfect reference. It's quite common and is called a Compromise Agreement. Staying there will leave you in their targets for another offence and then you will be in trouble with a sacking and no reference. This way, you leave with your head held high and money in your pocket. |
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Post by danielquinn on Apr 9, 2015 14:20:53 GMT
Whatever you do , do not volunteer to sign a compromise agreement , if they ask say no , if they insist get it checked over . They can be full of onerous conditions and restrictions and to complicate matters , many of the clauses are bollocks and do not stand any chance of being upheld if they try to enforce . Best to know which .
Additionally
references these days are not what they used to be for several reasons -
1] because your ex-employer as a duty of care to represent you fairly , large buisness tend to give somewhat annoydyene factual references
2] all jobs have a probabtion period , far more important than a reference
3] you can be dismissed without rhyme or reason at any tine for a period of up to 2 years .
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Post by MartinT on Apr 9, 2015 14:25:32 GMT
Good advice, I know people who have left our company have signed compromise agreements after getting advice from a union or lawyer.
However, what's interesting is that they often apply leverage to virtually write their own reference. The reference gets you in the door, the probation period proves you were a good choice.
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Post by Chris on Apr 9, 2015 14:28:10 GMT
Plenty thinking to do that's for sure. Hmmmmm
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Post by Chris on Apr 9, 2015 14:30:58 GMT
Compromise agreement - yeah that's what they offered me. Couldn't remember the name. References will be from people on the rig but out with these bawbags control.
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Post by MartinT on Apr 9, 2015 14:39:37 GMT
You need the reference sewn up before you sign any agreement. Don't leave it 'til afterwards!
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Post by MikeMusic on Apr 9, 2015 16:28:02 GMT
Mull it over mate.
That reference might not be so totally brilliant.
What's that bonus likely to be, £100s or £1000s ?
If they focus on you doing anything wrong they must be able to find it.
What's the old lady say ?
Could you find yourself a much better place elsewhere that wouldn't be worth the hanging around ?
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Post by John on Apr 9, 2015 17:13:42 GMT
Ask them to show you a reference if you taking the money.
From what you saying they will be looking for any excuse to sack you, so better to leave on good terms if you can find work
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Post by Chris on Apr 9, 2015 18:37:47 GMT
Reckon the references are sewn up. Bonus is in the £000s. And yeah,first excuse and that'll be me.
It's just this bonus that's holding me.
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Post by Deleted on Apr 9, 2015 19:02:57 GMT
Chris, I'd be cautious about taking any agreement without having had time to review it thoroughly. This is your chance to get what you want but also their opportunity too, so just be aware. Personally I'd find out how much they're willing to give you and try and get out there ASAP, after this episode they'll be looking at every opportunity to pin something on you and to be fair you'll likely give it yo them through being on tender hooks yourself.
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Post by John on Apr 9, 2015 19:14:24 GMT
I think from everything you said you be out before Jan Chris. 8 months is a long time to wait if you got people who have it in for you
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Post by stanleyb on Apr 9, 2015 19:27:23 GMT
I remember when they had it in for me in my last place of work. But because I was in senior management the 10 directors had to hold a vote. I had one vote in favour of me and nine against. I managed to get statutory redundancy payment plus six weeks of pay. It was a bum deal but I just wanted out of the place ASAP. If I had stayed any longer I might not have got a penny. Waiting 8 months to collect on a bonus is far too risky. I would try to cut a deal on a part bonus settlement disguised as a salary. But better still. If you can get them to give you the payment as a redundancy you'll escape quite a bit of tax payment.
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Post by MikeMusic on Apr 9, 2015 20:04:31 GMT
Yes. Money ain't everything.
I halved my pay to leave Rank Xerox in the 70s and boy was I glad to get out
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Post by Deleted on Apr 9, 2015 20:34:22 GMT
+1 on both what Stan and Mike have said  |
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Post by nrg on Apr 10, 2015 8:57:55 GMT
I went though something similar last year, one word, Negotiate!
Get a solicitor and negotiate. They don't want you back at work and be honest with yourself you don't want to be there either. Don't be aggressive in the negotiations, it puts the companies back up and they could force an employee improvement plan on you and withdraw any offers. A PIP is really a way for them to get more ammunition so they can get rid of you more easily and pay you less! Note what DQ says about compromise agreements, if they they force one upon you as part of the agreement get it checked over in fine detail. I ended up having to sign one but walked away with a better deal.
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Post by Deleted on Apr 10, 2015 11:28:10 GMT
Chris,
Whatever you decide, I really hope it works out OK and you find a solution that works for you.
Personally, I would be very careful not to throw away a good job just because there are a couple of bad managers. I often find that managers don't stick around for ever and it pays to bide your time.
Lawrence
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Post by Chris on Apr 10, 2015 15:47:38 GMT
Have to say I agree with you Lawrence. I highlighted my problems with my line managers and I REALLY don't want to walk out the job.
As it stands I'm going to go back,keep my head down,look out for another job and HOPEFULLY make this bonus.
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