the galah Posted October 3 Share Posted October 3 (edited) i see peter profit has a headline whch says the ATC has lost its appeal in the above case. Hes reporting the ATC now can add about another half million to their debt..still they lucky they have HRNZ as their benefactor..Whats another half million amongst friends? I'm not a subscriber to peter profit,but have just read the original decision of the employment tribunal and it sure seemed like the ATC tried to really screw mr payne over. i'll sumarise the original long decision. Payne ran the ATC tab from 2005 and originally was paid a base salary and commission based on a formula that seemingly only the fella working for the ATC at the time understood,payne and and even subsequent ATC employees seemed confused about the 2005 formula for the commission. So when payne got paid,he just took their word he was being paid the right amount. seems it was an unsigned agreement as well. Then in 2013 the ATC negotiated with the NZ TAB,an increase in % of commision they receive from 2.5% to 4% of turnover.And they went to payne and the atc and payne signed an agreement that payne was to get half of any commission once $90,000 turnover a week was reached.That was to be paid quarterly. Well the atc tab turnover kept increasing and around 2017 the ATC decided the current agreement with payne was seeing him get too much,so they tried to change it but he didn't agree. so anyway fast forward to the hearing and the ATC was sticking with ,they would be only paying payne based on the unsigned agreed 2005 formula and not the updated, signed in 2013 formula, and that they had told payne that and that he had accepted that,which he disputed. There was no formal agreement saying he had agreed to that with the atc and the tribunal ended up believing payne,which sort of seems logical as why would payne have agreed to a massive pay cut.. so the tribunal found the ATC owed payne lots. Thats a very brief summary of what i think the case was about. At the end of the day,the ATC in more debt and they must have spent a fortune on the whole legal process only to lose. Maybe that was there strategy,make payne give up because of the cost. Whatever the ATC strategy,They sure look stupid again. Edited October 3 by the galah 2 Quote Link to comment Share on other sites More sharing options...
Rangatira Posted October 3 Share Posted October 3 1 hour ago, the galah said: Then in 2013 the ATC negotiated with the NZ TAB,an increase in % of commision they receive from 2.5% to 4% of turnover.And they went to payne and the atc and payne signed an agreement that payne was to get half of any commission once $90,000 turnover a week was reached.That was to be paid quarterly. He was on 40 or 50k plus the negotiated commission and I imagine the club were happy as sandboys. Until he increased the turnover by somewhere in the vicinity of 150 to 200% Instead of being happy about that they just didn't pay him hahaha 1 Quote Link to comment Share on other sites More sharing options...
Nowornever Posted October 3 Share Posted October 3 Auckland trotting club seems to make bad decision after bad decision. Is there ever any good news for them? Quote Link to comment Share on other sites More sharing options...
Rangatira Posted October 3 Share Posted October 3 3 minutes ago, Nowornever said: Auckland trotting club seems to make bad decision after bad decision. Is there ever any good news for them? would an extra 90 mill in the bank account in the next week or so count ? Quote Link to comment Share on other sites More sharing options...
Nowornever Posted October 3 Share Posted October 3 10 minutes ago, Rangatira said: would an extra 90 mill in the bank account in the next week or so count ? At this stage it might be more good luck than good management 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.