Mahr
Head - Human Resources
Bmk
Hr Section Head

Thread Started by #bmk

Dear Group,
Our company is planning to initiate a notice period buyout policy for new recruits. Iam not familiar with this trend. Why would be the bottle necks one could face when implementing this? Is this practice recommended for a company?
regards,
Betzi
23rd August 2016 From Kuwait, Kuwait
Hi Betzi,
Only challenge in making buyout as a policy and not as an option is that, when an employee resigns, he/she would demand on the exit date, rather than requesting the same. It will bring in lot of kiosk. I would suggest, you can always have notice period buyout as an option, rather than making it as a policy.
23rd August 2016 From India, Bangalore
Reply (Add What You Know) Start 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 @ 2017 Cite.Co™