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Apart from the paperwork that you need to pass on to your next employer, salaries can be structured in a way that makes the base pay rather low, but the yearly
by autumnstwilight 2y ago
Apart from the paperwork that you need to pass on to your next employer, salaries can be structured in a way that makes the base pay rather low, but the yearly income is boosted up to a reasonable level by bonuses, overtime allowance (fixed monthly amount paid whether you work the overtime or not), etc. If the company doesn't want to let someone quit, they can make it financially painful by withholding these things, or subtracting "damages" caused by the employee leaving.
EDIT: Come to think of it I'm actually not 100% sure about the legality of this, but they sure try it!
- w00kie 2y agoThey can reduce or plain not pay your bonus, yeah. But making the employee pay for "damages", even by subtracting them from remaining pay or bonuses, is very very illegal.
- jalapenos 2y agoThe problem is these companies are comfortable with this level of illegal, because they're multiplying potential fines by the odds the employee will actually go to the authorities, and then weighing that against the exploitation benefits multiplied by their whole workforce.