|
|
| *Ostroff, Fair and Company>>>Law & Legal |
Must I compensate for backing out?? |
I've recently backed out an employment which has not commenced yet but I have signed the offer letter. Now, the company is asking me for compensation of 1 month's salary. I've gone thru the letter many times but there's nothing that stated that I have to compensate in the event of me terminating the contract, The only related term is that i have to give a month's notice for termination (the usual). i thought it was out of courtesy that I inform before hand of my situation (I was requested to stay in current co. due to internal reasons thus I can't resign). Could someone advise me on this? Anybody who had encounter the same thing or any lawyers around to advise me is it right for me to ignore such compensations? Thank you in advance. Not a lawyer, but I don't think they can collect, especially if you informed them more than one month before your start date. The letter might say you have to give a month's notice, but it doesn't specify what happens if you don't. Makes it really hard for them to enforce a provision that isn't clearly spelled out in your contract (the offer letter). |
| Tags |
| Corporations Other - Careers & Employment Technology Marketing & Sales Law & Legal Health Care Government & Non-Profit Food Service Financial Services Administrative and Office Support |
Finance Categories--Copyright/IP Policy--Contact Webmaster |