What is the name of your state? : California.
I relocated within my company moving from East coast to west coast. My company paid for the relocation. In my offer letter it states that if I terminate my employment within 1 year I have to repay 100% of the relocation costs and if I terminate employment between 1 and 2 years, I have to pay 50% of the costs. However, the department that took care of my relocation made me sign a relocation agreement that states that I have to pay 100% back only if I terminate my employment within 6 months and 50% if I do so between 6 months and 1 year.
It is now 1 year and 10 months since I relocated. I have interviewed with another employer and the prospect of an offer seems strong.
I have the following questions. I hope someone can help me.
I will greatly appreciate any advice or help in this matter.
I relocated within my company moving from East coast to west coast. My company paid for the relocation. In my offer letter it states that if I terminate my employment within 1 year I have to repay 100% of the relocation costs and if I terminate employment between 1 and 2 years, I have to pay 50% of the costs. However, the department that took care of my relocation made me sign a relocation agreement that states that I have to pay 100% back only if I terminate my employment within 6 months and 50% if I do so between 6 months and 1 year.
It is now 1 year and 10 months since I relocated. I have interviewed with another employer and the prospect of an offer seems strong.
I have the following questions. I hope someone can help me.
- Which of the two agreements I signed regarding relocation repayments would be valid? I am hoping it is only the later (1 year) and not the former (2 year).
- The agreement of one year is of a later date than the offer letter of 2 years employment requirement. My understanding is that if there are 2 agreements then the one of a later date supersedes all other previous agreements. Will this be true in the present case?
- If I want to avoid all confusion about repayment of relocation, would it be wise to negotiate a joining date with the new employer that unequivocally satisfies both the relocation agreements?
- If the new employer cannot wait that long and my present employer insists that I pay 50% of the relocation, what should I do? Should I argue that I have satisfied the relocation requirements based on the 2nd letter or try to negotiate a lower amount and avoid legal hassle? I would like to quit my present position in the best of terms and not burn bridges.
I will greatly appreciate any advice or help in this matter.