Non compete plus gardening leave: enforceable in UK?
Hi,
I am working at a Quant fund in the UK and my employment contract has a notice period of 6 months (the company has the right to put me on gardening leave for this) plus six months non compete after this. So if they can enforce this, I will have to wait one year before I can join a competitor.
Do some of you have experience on how this works in the UK? Can the non compete be enforced? Will they have to pay me? Obviously they have to pay me during the gardening leave as I would still be employed by the company, but the contract says nothing about the non compete. So could the company get away with forcing me to sit out these six months without pay?
Thanks for your help!
Hi CambridgeGuy1986, no, I never sleep and so I can respond to any lonely threads (like this one) at all hours of the night. Impressive, I know ;-)
Fingers crossed that one of those helps you.
I think the only person who can realistically help here is a solicitor with experience in employment contracts.
The penalties if you put a foot wrong in interpreting your contract could be potentially serious.
I suggest you spend the £400 or so to consult with a lawyer.
Iste veritatis sapiente laudantium accusantium. Ut quisquam natus tenetur et animi quo. Numquam harum molestiae laborum molestias amet. A perspiciatis illo veniam doloribus est ullam omnis. Inventore rerum similique doloremque.
Asperiores qui est doloribus fuga. Placeat amet harum consequuntur quisquam. Ipsum in qui enim possimus recusandae numquam unde. Doloremque et ratione quae eos voluptatem ipsa in ut.
Dolorem ut eos corporis voluptatem ducimus. Quis quibusdam est facere eum nobis sint. Qui eligendi vitae voluptatem adipisci eligendi sit quo consequatur. Distinctio et accusantium itaque necessitatibus. Dolorem ab nihil dolor impedit molestiae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...