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Former trader turned maths teacher could receive TWELVE MILLION in lost earnings

Teaching maths is not as lucrative as working as a global head of securities, even if it is at one of the lesser known Dutch banks.

Therefore, if you are unfairly obliged to leave your job as global head of securities because of discrimination (on the grounds of non-Dutchness) and you go off to become a maths teacher, you could therefore be in line for rather a large payout.

Such is the situation of Andrew Docker.

Docker was made redundant from Rabobank in January 2009 and didn't receive a bonus. He then took Rabobank to an employment tribunal and claimed that he was dumped because he wasn't Dutch and demanded 12m to compensate for loss of earnings.

That was December 2009. Since then, Docker has been teaching maths and Rabobank has been appealing against his claim, trying to avoid such a gargantuan payout. The case is due to conclude soon.

"If he's successful, there will be a monster claim," says Charles Ferguson at Ferguson Solicitors, which is dealing with the case. "You're looking at a 20 year career when the disparity will be around 500k a year."

'White men' discrimination cases seem to be becoming more prevalent in banking. Last week, the former head of interest rate derivatives exotics and hybrid risk management at Calyon sued the bank for 511k for race discrimination, victimisation and unfair dismissal on the grounds that he was not French.

Ferguson says there have been no alterations to the law which make it easier to bring this kind of case, but that these things tend to go in "waves."

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AUTHORSarah Butcher Global Editor
  • Ca
    Cack Slinger
    8 March 2011

    I worked at Rabo and I was dumped for the dutch.....

  • Vi
    Village
    15 December 2010

    The Dutch and others who blatantly favoured their home country staff whilst making people redundant deserve all they get. Good people were chucked out of jobs despite making money in favour of inferior home country staff.

  • Kl
    Kloot
    14 December 2010

    The most amazing one I heard of was and male Indian director at a larger AmeriCan banC who was made redundant in favour of a non Indian female. His argument was that as the woman who got his jobs' boss was Indian and his boss was too they gave her the job for fear she would take them to court for giving the job to another Indian guy despite him being more qualified. Mind boggled.

  • le
    lemonsqueez@o2.pl
    14 December 2010

    .Nice one. I have nothing against Dutch only wanting Dutch to run their business if they so prefer... as long as they make it clear that is the case upfront.

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