Hi,
4 years ago I signed a new employment contract following a promotion at work. Under 'Termination of Employment' this new contract says:
Now, I have worked there far longer than 12 years, although in this new job with new contract only 4 years as stated earlier.
My questions are:
a) What notice period does my Employer owe me now?
and
b) What notice do I owe my Employer?
My reading is that this extending notice clause is asymmetric, i.e. my notice period from my employer grows annually from 5 to 12 weeks with no mention of my notice to my employer doing the same. But I am puzzled as to if/why they would benefit me this way but not themselves.
4 years ago I signed a new employment contract following a promotion at work. Under 'Termination of Employment' this new contract says:
The notice required by either side to terminate your employment is one calendar month.
After 5 years' continuous employment, you will be entitled to 5 weeks' notice from the Company; this will
increase for each year of completed service up to a maximum of 12 weeks' notice after 12 years'
continuous service.
After 5 years' continuous employment, you will be entitled to 5 weeks' notice from the Company; this will
increase for each year of completed service up to a maximum of 12 weeks' notice after 12 years'
continuous service.
My questions are:
a) What notice period does my Employer owe me now?
and
b) What notice do I owe my Employer?
My reading is that this extending notice clause is asymmetric, i.e. my notice period from my employer grows annually from 5 to 12 weeks with no mention of my notice to my employer doing the same. But I am puzzled as to if/why they would benefit me this way but not themselves.
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