Voluntary redundancy and professional fees
Voluntary redundancy and professional fees
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ocrx8

Original Poster:

894 posts

225 months

Monday 15th October 2012
quotequote all
Firm where I work is currently offering a voluntary redundancy scheme.

I've been offered 20k to go, but I owe the company 6k of professional fees (tied in for 3 years after qualifying, currently just under 2 years remaining).

Does anyone know if, when taking voluntary redundancy, professional fees are waivered?

I have looked through my contract and it seems pretty wooly (HR and vague, now there's a surprise wink), and I appreciate every company is different but has anyone else got any prior experience of this?

edc

9,620 posts

280 months

Monday 15th October 2012
quotequote all
VR in itself won't negate any other terms of your employment contract. I suspect that if they are offering you 20k then they will want to wrap this in a compromise agreement. In that case you may be able to address this as a point of negotiation as part of a compromise agreement.

Countdown

49,257 posts

225 months

Monday 15th October 2012
quotequote all
Depends how many takers they get for VR and how desperate they are for volunteers.

rog007

5,828 posts

253 months

Tuesday 16th October 2012
quotequote all
I suspect if you had said nothing, they probably wouldn't have noticed! In any event, I'm 99% sure that any employer worth their salt would write this off as part of a redundancy package, but only if you insist. Good luck!