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Absconding without serving notice period
Dear all one employee working in our company since last 4.3 year and he has resigned yesterday asking him to relieve on 16th june11. but as per the company policy he has to serve the notice period of 2 months and even company side its not possible to relieve him before 2 months. even we dont want to give him the option of buying notice period as we need him for 2 mnths though option of buying notice period is mentioned in our appointment letter. so in case if he goes absconding after 16th then what all the actions we can take against him.
Notice period buy out option
I resigned from my current organization on 08/18/2015. my last working day after adjustment of leaves is turning out to be 10/06/2015. however i want to be relieved on 09/25/2015 as i have to join a different organization on 09/28/2015. so i went to my manager and hr seeking for the option of buying out remaining days of notice period 11 days. but my manager and hr both declined me the option of buying out the notice period and told me that i would have to serve complete 60 days of notice period and my lwd would remain 10/06/2015 else i would not get my relieving letter. my offer letter has the following verbiage: 9. separation from the company a. the retirement age of the company is 58 years. at the time of formally resigning from service you shall serve the 60 days of notice period. b. when you formally resign from the service of the company the company may at its discretion permit you to i. adjust the vacation leave accumulated toward part of the notice period. ii. pay up for the notice period in lieu thereof on your annual gross compensation. c. if your services are terminated by the company due to misdemeanor unsatisfactory performance or any other disciplinary matter the company will pay your salary for the notice period starting from the date on which company informs you of such matter. if the termination of services is for reasons mentioned in 1 a above no salary is payable for the notice period. question: is my manger and hr right in saying that i don t have an option of buying out my notice period and it is there choice to decide how they want me to leave i.e. either by buying out or serve the full notice period. what option do i have as an employee in this situation. can labor court help me in this? all suggestions are welcome. thanks.
Epf withdrawal for buying a house
Shall we need to pay interest for the pf amount we withdraw from our account for buying a home? in that case shall we need to repay the amount later and so in how many years? or it is just a withdrawal wherein we withdrew and use and no need to pay any interest or repay the amount.
Buying out the notice period
I am working in a mnc and i am in probation period.i got job in govt sector.i resigned my job on 11th jan 2016 and my notice period ends on feb 9 2016.i have been asked to join in the govt job on 22nd jan.i informed the same to hr and my supervisor and asked them for earlier release by buying out the shortfall notice period in my case its 18 days.i am ready to pay the amount but they are refusing to accept that option.please suggest what can i do here.as it a mnc i am fearing to abscond as they may take legal action against me.
Work from home
Dear friends i was working as an it recruiter in india. i have come to u.s. as my husband has an onsite assignment.please suggest some work from home option so that i can utilise my time and enhance my skills. regards swati
Buying talent v/s building talent
Hi i came across very interesting topic today want to know thoughts of you guys. buying talent v/s building talent which one you prefer ? regards pd