Employer wants to hire new guy and is willing to pay a handsome salary and a signing on payment
Employer offers employment on the basis that if the guy accepts but then failed to start work, the latter should pay liquidated damages amount to 50% salary and 50% signing on fee
Was this an unenforceable penalty? No, said the Court, it was reasonable compensation especially when compared to the losses / disadvantages to the employer in being messed around like this - for which the employer could sue
Michael Breeze, Kaslers Solicitors LLP 07 900 195. 195
www.kentsolicitor.co.ukLabels: employment liquidated damages
# posted by michael @ 07:55