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Little EPIK question I need clarifying, yes or no

 
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Kurtz



Joined: 05 Jan 2007
Location: ples bilong me

PostPosted: Tue Feb 17, 2009 3:01 am    Post subject: Little EPIK question I need clarifying, yes or no Reply with quote

If one started with EPIK in 2008, re-signed for 2009, does one receive 2,000,000 won for the contract renewal allowance? or does this apply at the end of the 2009 contract and you can only claim it if you re-sign at the end of 2009? (ie., you're coming back for more fun in 2010)

"Employer shall provide Employee with contract renewal allowance of 2,000,000 Korean Won after the commencement of the renewed term"
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cruisemonkey



Joined: 04 Jul 2005
Location: Hopefully, the same place as my luggage.

PostPosted: Tue Feb 17, 2009 3:10 am    Post subject: Reply with quote

What's difficult to understand?

The 2008 contract says they will pay for return airfare if you re-sign (for 2009).

The 2009 contract says you will receive a W2,000,000 "Renewal Allowance" if you re-sign (for 2010).

Changes in the contract are not retroactive.
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Kurtz



Joined: 05 Jan 2007
Location: ples bilong me

PostPosted: Tue Feb 17, 2009 3:42 am    Post subject: Reply with quote

A little confusion appeared as it seemed like too good a deal for the 2009 contract, but it seems that's your return flight home if you re-sign
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cruisemonkey



Joined: 04 Jul 2005
Location: Hopefully, the same place as my luggage.

PostPosted: Tue Feb 17, 2009 3:54 am    Post subject: Reply with quote

Kurtz wrote:
A little confusion appeared as it seemed like too good a deal for the 2009 contract, but it seems that's your return flight home if you re-sign


Right... there's no provision for airfare in the 2009 contract. They changed 'renewal airfare' (2008) to a 'renewal allowance' (2009).
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