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CMJ
New Member



96 Posts

Posted - 01 June 2009 :  15:38:06  Show Profile  Reply with Quote
Hi

Once in an IPA for 3 years, and discharged what are the restrictions, re;; wage rises and bonuses does the OR have rights to these monies?? If so at what percentages??


Thanks Guys

Niobe
Administrator



United Kingdom
4590 Posts

Posted - 02 June 2009 :  08:35:40  Show Profile  Reply with Quote
I think you would probably have to pay some of any payrise across to your IPA. Don't know what percentage though.

Hopefully one of the experts will pick up on this.

The glimmer gets brighter all the time

Jan
xx
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Suzanne
Average Member



United Kingdom
869 Posts

Posted - 02 June 2009 :  11:14:36  Show Profile  Visit Suzanne's Homepage  Reply with Quote
Hi

Wage rises unless they are exceptional, would be mopped up with the usual increases in expenditure that occur with price rises etc. In terms of Bonuses you should declare these, and they would usually ask for around half.

Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
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