Originally posted by PerfectStorm
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Contract Terminated Just Before Christmas Furlough
Collapse
X
-
'CUK forum personality of 2011 - Winner - Yes really!!!! -
Originally posted by PerfectStorm View PostSo why do we have notice periods at all then?
IGMC
Sent from my iPhone using Contractor UK ForumComment
-
Originally posted by BR14 View Postexcellent question.
although i have, in the past, been paid for notice periods i didn't have to work, when projects were canned.
that was just goodwill by the banks though.
there's no legal challenge.
Offered role at HSBC was going through lengthy onboarding period, project got canned before I stated or signed a contract and they paid me 20days top rate money - I had not even handed my notice in at my current client (as was making sure onboarding was complete 1st) - when agent called me up to tell me it was canned, I was doing a dance round the office
I just continued with current client
Sent from my iPhone using Contractor UK ForumComment
-
Comment
-
Originally posted by PerfectStorm View PostSo why do we have notice periods at all then?Comment
-
Originally posted by ladymuck View PostIt is an interesting one. I suspect it's because many B2B contracts have a notice period as there would generally need to be a run down period when terminating a business engagement. However, most contracts (note I didn't say all, before someone comes up with some highly specific edge case they heard from a friend's nephew's aunt) have no need for that and the presence of a notice period is a bit like why do we still have an appendix?
The notice period is a 2 way version of that - it ensures the client gets a handover if the contractor wants to leave and doesn't really cost an organised company anything - the only companies I get annoyed about leaving is when the notice is non-existent and the client had known in advance the budget would run out in a months time.merely at clientco for the entertainmentComment
-
Originally posted by eek View PostLook at it from the clients side - you don't want people disappearing immediately at the drop of a hat - you want notice to at least get some form of handover organised.
The notice period is a 2 way version of that - it ensures the client gets a handover if the contractor wants to leave and doesn't really cost an organised company anything - the only companies I get annoyed about leaving is when the notice is non-existent and the client had known in advance the budget would run out in a months time.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment