ULPT: If you get paid annual leave and you're definitely going to quit your job soon, ask for a large pay rise first. When you quit, your accumulated annual leave will be paid out at the higher rate
ULPT: If you get paid annual leave and you're definitely going to quit your job soon, ask for a large pay rise first. When you quit, your accumulated annual leave will be paid out at the higher rate
I had 6 weeks of annual leave saved up. Im changing to a job that pays significantly more than my current salary. When my boss asked me what it would take to stay, I asked for a salary increase of 35% which he begrudingly gave me. Then I quit. This equated to an entitlement payout of about $10,700 instead of $8000 on my previous rate, an extra $2700. And the new job still pays more than the increased rate I asked for.
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Agree, this is not a ULPT.
This is just a LPT.
Only thing to note is that the company will be unlikely to ever hire you again. If that's not an issue, go for it.
Isn't this also a breach of contract, since the raise was in return for you staying?
Not if you're at-will. In that case, you can be fired and you can quit for any reason.