Lmaoooooooooo https://thehftguy.com/2021/12/13/postmortem-hudson-river-trading-fired-me-for-requesting-holidays/ …
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Ehhh it's just terminology. You have a notice period which is paid and is your real non-compete (e.g. six months is standard, and you would normally be placed on gardening leave). Most companies tag on an unpaid non-compete period after it but they are difficult to enforce.
The reason is that UK employment law protections make it difficult for companies to dictate what an employee can do once they stop being an employee. Hence you lengthen the notice period which gives the employer more control over what they employee can do.
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Also a big protection for the employee. You need to be paid out if they want to get rid of you.
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Well, your salary needs to be paid out. Your bonus is normally kaput, maybe your deferred too (though by the time they are getting firing you, you probably weren't getting much of a bonus anyway)
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