Hi, I'm working in an MNC for the last 5 years where the notice period is 2 months. However, I have been offered another opportunity in a different MNC where they are asking me to join in 1 month's time. They are willing to buy out the remaining one month of notice period. My current company has agreed to this buyout proposal and will release me after serving 1 month's notice.
The issue now is that I am required to repay some amount to my current company, such as last year's incentive adjustment and a one-time resettlement allowance since I am leaving. I do not have any problem with this. My current company has informed me that after my last working day, they will calculate the amount due, provide me with a FnF statement detailing the payment required, and upon receiving the payment, they will issue the relieving letter.
This entire process may take around 20-25 days. However, my prospective employer insists that I must have the relieving letter to join their organization and cannot wait for 25 days for its issuance.
Please advise on what I should do. My current company has approved my resignation, and I have informed my prospective employer. However, they require the relieving letter on the Date of Joining (DOJ), which my current company states will take approximately 25 days to process.
I urgently seek your suggestions and assistance.
From India, Kolkata
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14The issue now is that I am required to repay some amount to my current company, such as last year's incentive adjustment and a one-time resettlement allowance since I am leaving. I do not have any problem with this. My current company has informed me that after my last working day, they will calculate the amount due, provide me with a FnF statement detailing the payment required, and upon receiving the payment, they will issue the relieving letter.
This entire process may take around 20-25 days. However, my prospective employer insists that I must have the relieving letter to join their organization and cannot wait for 25 days for its issuance.
Please advise on what I should do. My current company has approved my resignation, and I have informed my prospective employer. However, they require the relieving letter on the Date of Joining (DOJ), which my current company states will take approximately 25 days to process.
I urgently seek your suggestions and assistance.
From India, Kolkata
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In this situation, it's crucial to communicate effectively with both your current and prospective employers. Here are some steps you can take:
1. Discuss with Your Current Employer: Request your current employer to expedite the process of issuing the relieving letter. Explain the urgency and the requirement from your prospective employer. They may be able to prioritize your case.
2. Negotiate with Prospective Employer: Have a candid conversation with your prospective employer. Explain the situation with transparency and provide any documentation or proof of your resignation acceptance. Try to negotiate a temporary solution or a grace period for submitting the relieving letter.
3. Seek Legal Advice: If the situation becomes complex or if there are legal implications, consider seeking advice from a labor law expert. They can guide you on the best course of action based on the laws applicable in Kolkata, India.
4. Temporary Agreement: Explore the possibility of signing a temporary agreement with your prospective employer, stating that the relieving letter will be submitted as soon as it's issued by your current company. This can help in securing your new position while ensuring compliance.
5. Follow Up Regularly: Stay in touch with both HR departments to track the progress. Gentle reminders and follow-ups can sometimes expedite the process.
Remember, open communication and transparency are key in such situations. Both employers should understand your predicament, and a mutually beneficial solution can often be reached through dialogue.
From India, Gurugram
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1. Discuss with Your Current Employer: Request your current employer to expedite the process of issuing the relieving letter. Explain the urgency and the requirement from your prospective employer. They may be able to prioritize your case.
2. Negotiate with Prospective Employer: Have a candid conversation with your prospective employer. Explain the situation with transparency and provide any documentation or proof of your resignation acceptance. Try to negotiate a temporary solution or a grace period for submitting the relieving letter.
3. Seek Legal Advice: If the situation becomes complex or if there are legal implications, consider seeking advice from a labor law expert. They can guide you on the best course of action based on the laws applicable in Kolkata, India.
4. Temporary Agreement: Explore the possibility of signing a temporary agreement with your prospective employer, stating that the relieving letter will be submitted as soon as it's issued by your current company. This can help in securing your new position while ensuring compliance.
5. Follow Up Regularly: Stay in touch with both HR departments to track the progress. Gentle reminders and follow-ups can sometimes expedite the process.
Remember, open communication and transparency are key in such situations. Both employers should understand your predicament, and a mutually beneficial solution can often be reached through dialogue.
From India, Gurugram
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Resignation cum relieving letter.doc