Hi,
I need some advice on notice period serving.
Actually my company policy gets revised on JULY 2015. As per the policy if an employee want to buy out the notice period. The decision of buying out will be completely based on the discretion of company.
Currently I am having a serious family problem. And I want to serve a month notice period and rest all I want to pay off. From my work perspective I am completely free as per my manager. But my manager is having concern about HR & management.
As per him my case reference can be taken by other co-employee in future for getting early release.
Although I am having genuine reason but unable to get the things done. Hence, I request you to please advise me something on this matter.
3rd January 2016 From India, Mumbai
Dear Vikrant,

Any organization, whether it is related to business or otherwise, is a collective endeavour of people and material resources and the subsisting contract of employment between the employees and the organization is an arrangement to ensure uninterrupted co-existence. Notice of unilateral termination of the contract of employment from either side, the employer as well as the employee, necessitated by one's expediency and convenience, is, therefore, based on the principle of affording some time to the other side to make alternative arrangement to fill the void created by the premature termination of the contract. Of course, the period of time stipulated in this regard in terms of days or months and the payment of monetary compensation in lieu thereof can not be effective substitutes for the reason the loss to the organization with the sudden exit of a trained employee and the difficulty of finding a suitable alternative employment experienced by the employee are immeasurable. How ever vesting the discretion of accepting the proposal to buy-out the notice period with the employer is a matter of larger consideration in the interest of the organization. The exercise of the discretion by the management in favour of the employee in such a situation is conditioned by several factors like the position and responsibilities held by the employee, the genuineness of the reasons shown etc. If the reasons cited for early release are genuine and the responsibilities held by you are substitutable, well, I think that your manager's apprehension that it would set a precedent is unfounded. After all, discretion is the exercise of personal judgement befitting a particular situation based on its peculiarity. Better take up the issue with your top management.
3rd January 2016 From India, Salem
after serving the notice period you can get the experience letter and that’s very important
6th January 2016 From India, Gurgaon
Add Reply Start A New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)





About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2019 Cite.Co™