Can I Negotiate My Notice Period Payment to Avoid Paying 3 Months' Gross Salary?

sandeepthota
Hi guys, I have a 3-month notice period with my employer. While signing the bond with my company, I didn't see any mention of a 3-month notice period or gross salary for that period. Now, I want to quit with a 1-month notice to my company. However, all my friends say that the notice period amount will be based on the basic salary and not the gross salary. I am willing to pay the basic salary instead of my service, but I would like to clarify whether it is compulsory for me to pay 3 months' gross salary. Can I negotiate or is there any labor law that states I should only go with basic salary payment despite signing the bond?
GiriKL
Hi,

The notice period amount is always calculated based on the gross salary and not the basic salary.

Giri
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