return my recent bonus payment
Hi
Im in the process of returning to Ireland from UK to escape the Brexit madness.
em... why don't you return it? If you've broken the T&Cs with regard to it.... then pay it back.
AAM isn't in the business of advising users on how to evade their financial responsibilities.
Only thing they can do is pass the debt to a collection agency. Without knowing how much the bonus is its hard to say if it is worth their while or not to do so but having such a claim outstanding could influence your credit rating. Can you negotiate with your employer and agree to return a portion of it to save them the cost of trying to collect it. ?
Also you should contact the UK tax office to understand the implications of both paying back a bonus on tax already paid and to see if you are going to be entitled to any kind of rebate if you have not completed a full tax year in employment in the UK
While you say terms and conditions what does your contract say? You can update your terms and conditions all you want but if the contract hadn't been amended I'd be referring to that
For example, my contract says something along the lines that I become ineligible for any upcoming bonus the second I hand in my notice. Seems a bit weird that they'd chase a past bonus payment .
AAM isn't in the business of advising users on how to evade their financial responsibilities.
Only thing they can do is pass the debt to a collection agency.
I did not realise that my credit rating would not travel with me, this may actually be a negative for me as I have a perfect credit rating in the UK and most likely dont have any credit rating in Ireland
In my opinion providing info is always reasonable.
While your employer may well have the right to change T's & C's they also have a duty to communicate those changes in a clear and up front manner.I wasn't aware of this change and neither were the majority of people that I have discussed with. The conditions of the scheme are buried deep in the intranet, which is notoriously difficult to navigate.
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