www.iva.co.uk

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.

What did they actually tell you?

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.