employee cashbond

kalerod123 · 1 employee cashbond Sun Jul 06, 2014 1:55 pm

kalerod123

Arresto Menor

Posts : 4
Join date : 06/07/2014

I read in the contract, that once I resign, I have to render 30 days to the company. If i will not complete the 30days, i will pay the company 350/day to the company. and also, i cannot be employed to the same line of business within 30days upon resigning. If not, i will pay the company 10500 and they will deduct this amount to the backpay.

IS IT LEGAL?

council · 2 Re: employee cashbond Sun Jul 06, 2014 3:21 pm

council

Reclusion Perpetua

Posts : 2923
Join date : 04/09/2008
Location : http://www.councilviews.com

kalerod123 wrote:I read in the contract, that once I resign, I have to render 30 days to the company. If i will not complete the 30days, i will pay the company 350/day to the company. and also, i cannot be employed to the same line of business within 30days upon resigning. If not, i will pay the company 10500 and they will deduct this amount to the backpay.

IS IT LEGAL?

it's a contract, you signed it, so it's valid.

the 30 days is standard as per labor code, and you can be liable for damages if you do not comply. so maybe the 350/day is the "damages" for your non compliance.

alexisbantilan · 3 Re: employee cashbond Wed Jul 09, 2014 9:58 am

alexisbantilan

Reclusion Perpetua

Posts : 417
Join date : 15/07/2012

You can contest that a 10500 damages for non compete clause is UNJUST ENRICHMENT.

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employee cashbond

1 employee cashbond Sun Jul 06, 2014 1:55 pm

kalerod123

2 Re: employee cashbond Sun Jul 06, 2014 3:21 pm

council

3 Re: employee cashbond Wed Jul 09, 2014 9:58 am

alexisbantilan

4 Re: employee cashbond

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