phoned about pay rise but the answer was unclear

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nicololi

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Post by nicololi » Thu Feb 14, 2008 10:58 am
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Hi,
I'm coming up for my 1st annual review through Synergi. There is a clause stating i shall pay 50 % of any overtime, commission, bonus or any additional payments received over and above what my income calculation states. I have had a pay rise at work, will I be required to pay 50% of that back also?
I've phoned them but the answer was unclear to me.
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ianmillington

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Post by ianmillington » Thu Feb 14, 2008 11:11 am
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What did they actually tell you?
Ian Millington
Insolvency Director
PDHL Ltd (formerly Personal Debt Helpline Ltd)
www.pdhl.co.uk
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MelanieGiles

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Post by MelanieGiles » Thu Feb 14, 2008 11:47 am
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My personal view is that the wording of your clause does not include the pay rise - which is probably only inflationary and has probably already been absorbed by inflationary expenditure rises, but other IPs may have a different interpretation. If the rise was significant, say more than 10%, you may have to face paying some of it over.
Regards, Melanie Giles, Insolvency Practitioner
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