Dear Rekha,
Thank you for the appreciation.
I would like to state to all that compensation cannot be claimed as a matter of right by the employee.
As for morals and ethics, most people are looking at the problem from a different angle which they are absolutely entitled to and there is nothing wrong in it.
The talk about spirit has also been raised by Shreyas, which I felt was not correct, because if you look at the spirit of law it is a safeguard provided to one of the party when the other party terminates the contract, so it is upto the latter to utilise the safeguard.
In the end Rekha, I feel your Company's reputation would not be at stake if you donot pay compensation. I donot know how it will effect the reputation adversely, on the other hand I feel it would enhance the reputation because it releases an employee as quickly as possible. This can be seen from the fact the number of posts you have on this site from members facing problem due to non release by emploers.
Regrads,
SC
Thank you for the appreciation.
I would like to state to all that compensation cannot be claimed as a matter of right by the employee.
As for morals and ethics, most people are looking at the problem from a different angle which they are absolutely entitled to and there is nothing wrong in it.
The talk about spirit has also been raised by Shreyas, which I felt was not correct, because if you look at the spirit of law it is a safeguard provided to one of the party when the other party terminates the contract, so it is upto the latter to utilise the safeguard.
In the end Rekha, I feel your Company's reputation would not be at stake if you donot pay compensation. I donot know how it will effect the reputation adversely, on the other hand I feel it would enhance the reputation because it releases an employee as quickly as possible. This can be seen from the fact the number of posts you have on this site from members facing problem due to non release by emploers.
Regrads,
SC