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 Buy out for early release, How does it work?

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Azurika
post May 6 2014, 12:19 AM

Power to Leverage
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1,721 posts

Joined: Oct 2009


QUOTE(ilovestitch @ May 5 2014, 11:51 PM)
I would like to know what if the current employer is expecting the buyout amount to be paid latest on date XXX (before last day), and the prospective employer only willing to pay the amount to you or your company on the first day of joining, and some prospective employers even asked u to "pay first"! Will it be risky?
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If the contract states it clearly that they will pay you back, I dont see a reason not to. But is still your money, and you can always choose to decline that offer.
Sometimes is not easy for a company to release a chunk of money in short period of time as they may want you to join within 24 hours wink.gif Happened to my Sis . She had to pay first, and the company paid her in full with her first month's salary.

 

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