: Tue Apr 07, 2009 11:33 pm
anarkik wrote:
Can you explain why, and how you can be sure of the minimum amount? I think that might be helpful for the broader debate.
Contracted to end of 2010. No idea of his actual package, but it must surely be nearer six-figures than not per annum, if not already there? He'd be due compensation for the unexpired period of his contract. Salary and benefits for about 20-21 months must be easily into six figures?
If the contract provided for payment in lieu of notice (as opposed to just a period of notice) then there would probably be an employers' NIC liability on top.
Its a bit more complex than that obviously, and that's only from things I am qualified to comment on - and there is the duty to mitigate any loss - but that's where I am coming from.