As per these clauses, what should be done if an employee is on probation period and has been over for 2 months and now wants to resign without serving the full notice period by giving just 1 week notice?
(a) What is the procedure to get full and final settlement if the employee agrees to serve a one-month notice?
(b) Should it be considered a mutual understanding or does it have to be given in writing by the company?
(c) Can the company sue an employee based on these clauses if he does not serve the full notice period?
OFFER LETTER
Notwithstanding any other provision of this Agreement, this Agreement may be terminated by either Party by providing sixty (60) days prior written notice to the other Party, or by payment of basic salary in lieu of notice in case of termination of employment by the Company.
APPOINTMENT LETTER
Should you wish to terminate your services with the company, you will be at liberty to resign from our employment with three months' prior notice. It will be the company's discretion to decide whether you should work for the full period of the notice or whether your services shall terminate at some earlier date.
(a) What is the procedure to get full and final settlement if the employee agrees to serve a one-month notice?
(b) Should it be considered a mutual understanding or does it have to be given in writing by the company?
(c) Can the company sue an employee based on these clauses if he does not serve the full notice period?
OFFER LETTER
Notwithstanding any other provision of this Agreement, this Agreement may be terminated by either Party by providing sixty (60) days prior written notice to the other Party, or by payment of basic salary in lieu of notice in case of termination of employment by the Company.
APPOINTMENT LETTER
Should you wish to terminate your services with the company, you will be at liberty to resign from our employment with three months' prior notice. It will be the company's discretion to decide whether you should work for the full period of the notice or whether your services shall terminate at some earlier date.