mcorey Posted August 5, 2009 Share Posted August 5, 2009 What are the penalties both monetary and other for terminating contracts? I have a worker that I am not using and I don't think I will ever used, so he is complaining about his use. It is a PPA contact. Link to comment Share on other sites More sharing options...
Nedew Posted August 5, 2009 Share Posted August 5, 2009 You don't get hit with anything for terminating a PPA agreement, other than the fact that they might dislike you. You only get hit financially when cancelling a written deal, where you have to effectively pay what you they would've received in the duration of their contract as a lump sum. Plus they might dislike you. Link to comment Share on other sites More sharing options...
Greg McNeish Posted August 6, 2009 Share Posted August 6, 2009 And you won't be able to negotiate with them for the next 6 months. Link to comment Share on other sites More sharing options...
Stennick Posted August 6, 2009 Share Posted August 6, 2009 And if this person has friends in the company that you want to keep they may become upset you terminated their friends contract thus not resigning for you either. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.