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.
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