I need help to solve my dispute with my MNC company regarding my resignation. I was required to serve a 3-month notice period, and I served 2 months with a 1-month buyback option. My company's exit policy includes a clause that allows for a 1-month settlement against accrued leaves. However, my company is forcing me to pay one month's gross salary and avail reimbursement on my leaves. I will lose out on my settlement amount if I pay 1 month's gross salary and get reimbursed for the leaves, as the leaves are calculated based on the basic pay component alone.
Please suggest how I should address this issue with my company. I sent my HRBP a copy of the exit policy, and they are not responding to it.
From India, Bangalore
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Please suggest how I should address this issue with my company. I sent my HRBP a copy of the exit policy, and they are not responding to it.
From India, Bangalore
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Please ask your company for the full and final settlement policy. If they are not abiding by the policy, you can request them to do so. If they still do not comply, you can escalate the matter to the grievance redressal machinery or the Ombudsman in your company. Lastly, you can seek resolution through the labor court.
Thank you.
From India, Pune
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65Thank you.
From India, Pune
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Exit Policy.xls
EXIT INTERVIEW POLICY.doc
Notice period.jpg