Hello Everyone,
I am Yudhvir Rana. Presently I am working with one of the most respected company in India. I have been working with this company for the past for last 4 years in Sales & Marketing in Chandigarh. Now I have got a good opportunity to work with the Leading MNC with better career enrichment and growth opportunities.
I have resigned at my Present job on July 6, 2010 but company is not accepting the same and is adamant to relieve me vis-s-vis change the policy dated June 26, 2010.
The Change in policy has been imposed on all the management cadre employees and says as under:
Notice Period
“In case of separation from service, notice period is three months on either side. The same is applicable during the probationary period as well. In the event of various assignments which an employee is required to complete, and if not completed by him / her within the scheduled notice period, the Company will be at liberty not to accept the three months' notice period from him / her till such time the said assignments are completed. While employees hitherto had the option of giving three months' gross salary in lieu of notice period at the time of submitting the resignation, the said option stands revoked and, it will not be permissible for the employees to give three months' gross salary in lieu of notice period. In case of any employee leaving the Company's service without notice and/or without officially being relieved from the services of the Company, he / she shall be liable to be sued for damages.
Notwithstanding the above, the Company reserves the right to terminate the services of an employee at any time without notice if he / she is found to be guilty of absence from duty without prior intimation and/or permission for seven days or more, insubordination, non-performance, low productivity, disclosing confidential data or information pertaining to the Company, bonafide loss of confidence, misappropriation of Company's funds, causing damage to the property of the Company, non-compliance of Company rules & regulations besides omission / commission of any act which may be prejudicial to the interest of the Company.
Other Terms & Conditions:
Upon separation from the services of the Company, it is expected that the employee, will not, for a period of one year, join or work in any capacity with the Company's competitors or Company / Firm in similar nature of business / trade. Any breach and/or non-compliance in this regard shall render him / her liable to be sued for damages.
The above amendment comes into effect force with immediate effect and is applicable to all Employees in the Management Cadre on the rolls of the Company as on date and/or thereafter.
All other terms & conditions of the Contract of Employment shall remain unchanged. The Management reserves the right to amend / modify the rules as required from time to time.
With regard to this, i talked to my Branch Head and he insisted that i remain in the company and that its difficult to relieve me.
My new employer requires my relieving letter from this company. I wish to do things in the right way. I wish to know what my options are if my company doesn't provide me with a relieving letter. I hope that someone will read this and provide me with some advice.
Regards,
Yudhvir Rana
I am Yudhvir Rana. Presently I am working with one of the most respected company in India. I have been working with this company for the past for last 4 years in Sales & Marketing in Chandigarh. Now I have got a good opportunity to work with the Leading MNC with better career enrichment and growth opportunities.
I have resigned at my Present job on July 6, 2010 but company is not accepting the same and is adamant to relieve me vis-s-vis change the policy dated June 26, 2010.
The Change in policy has been imposed on all the management cadre employees and says as under:
Notice Period
“In case of separation from service, notice period is three months on either side. The same is applicable during the probationary period as well. In the event of various assignments which an employee is required to complete, and if not completed by him / her within the scheduled notice period, the Company will be at liberty not to accept the three months' notice period from him / her till such time the said assignments are completed. While employees hitherto had the option of giving three months' gross salary in lieu of notice period at the time of submitting the resignation, the said option stands revoked and, it will not be permissible for the employees to give three months' gross salary in lieu of notice period. In case of any employee leaving the Company's service without notice and/or without officially being relieved from the services of the Company, he / she shall be liable to be sued for damages.
Notwithstanding the above, the Company reserves the right to terminate the services of an employee at any time without notice if he / she is found to be guilty of absence from duty without prior intimation and/or permission for seven days or more, insubordination, non-performance, low productivity, disclosing confidential data or information pertaining to the Company, bonafide loss of confidence, misappropriation of Company's funds, causing damage to the property of the Company, non-compliance of Company rules & regulations besides omission / commission of any act which may be prejudicial to the interest of the Company.
Other Terms & Conditions:
Upon separation from the services of the Company, it is expected that the employee, will not, for a period of one year, join or work in any capacity with the Company's competitors or Company / Firm in similar nature of business / trade. Any breach and/or non-compliance in this regard shall render him / her liable to be sued for damages.
The above amendment comes into effect force with immediate effect and is applicable to all Employees in the Management Cadre on the rolls of the Company as on date and/or thereafter.
All other terms & conditions of the Contract of Employment shall remain unchanged. The Management reserves the right to amend / modify the rules as required from time to time.
With regard to this, i talked to my Branch Head and he insisted that i remain in the company and that its difficult to relieve me.
My new employer requires my relieving letter from this company. I wish to do things in the right way. I wish to know what my options are if my company doesn't provide me with a relieving letter. I hope that someone will read this and provide me with some advice.
Regards,
Yudhvir Rana