New job offer, outstanding training costs and notice periods

Invertigo

Undervalued said:

Invertigo said:

Well, as another avenue I've spoken to the recruitment company and they're going to see if there's a way to sort out effectively a signing bonus with the new company, with a 12-24 month commitment tied to it depending on the value. From what they've told me the company has been looking for a candidate for 6 months now and want me started as soon as they can get me, so might be something.

Might leave me a bit of freedom to negotiate then i.e. I'll leave now with no notice pay and repay 10%, which is pretty much cost-neutral then to the current employer.

In a similar vein, I assume any deduction for repayment of training costs would be post-tax and not pre-tax etc, right?

Why would your current employer negotiate? Maybe they will but they could just stick rigidly to the contract.

You should not leave without notice. If you do, you are in breach of contract and potentially they could sue you for any unavoidable losses that causes. Also they could dismiss you during the notice period which may trigger other clauses about repayment of the training fees?

Crossed wires here it seems. I'm not saying I'd just unilaterally leave, I was suggesting they might be open to me leaving immediately i.e. an agreed departure where I forfeit my 4 weeks notice pay in exchange for a liability reduction. I mean, in reality it pretty much equals the same amount of money changing hands either way so probably just overthinking it!

On a positive note, the recruiter seems to believe there wouldn't be any issues with the new employer covering the 10% and myself the rest as was always the plan. He's just waiting to speak to a director for confirmation.

Smoulder80

Invertigo said:

Undervalued said:

Invertigo said:

Well, as another avenue I've spoken to the recruitment company and they're going to see if there's a way to sort out effectively a signing bonus with the new company, with a 12-24 month commitment tied to it depending on the value. From what they've told me the company has been looking for a candidate for 6 months now and want me started as soon as they can get me, so might be something.

Might leave me a bit of freedom to negotiate then i.e. I'll leave now with no notice pay and repay 10%, which is pretty much cost-neutral then to the current employer.

In a similar vein, I assume any deduction for repayment of training costs would be post-tax and not pre-tax etc, right?

Why would your current employer negotiate? Maybe they will but they could just stick rigidly to the contract.

You should not leave without notice. If you do, you are in breach of contract and potentially they could sue you for any unavoidable losses that causes. Also they could dismiss you during the notice period which may trigger other clauses about repayment of the training fees?

Crossed wires here it seems. I'm not saying I'd just unilaterally leave, I was suggesting they might be open to me leaving immediately i.e. an agreed departure where I forfeit my 4 weeks notice pay in exchange for a liability reduction. I mean, in reality it pretty much equals the same amount of money changing hands either way so probably just overthinking it!

On a positive note, the recruiter seems to believe there wouldn't be any issues with the new employer covering the 10% and myself the rest as was always the plan. He's just waiting to speak to a director for confirmation.

Well you are not really forfeiting any 'notice pay', you're asking to leave immediately - no work = no pay. Notice pay is only a thing if PILON comes into play, or if they put you on gardening leave then you have a negotiation of them not paying you to sit at home.

So what you are really offering them is a void int heir workforce for 4 weeks and less cash recovered from an agreement you signed.

Marcon

Why are you so averse to getting proper advice instead of crossing your fingers and hoping that a random bunch of strangers will be a good substitute? Free advice on here could cost you rather a lot...