Dear All,
I've been working with a private company for almost 6 years and recently resigned from that position as I got a better offer outside. I gave a 1-month notice period (because that's the time period I'm expected to join the new company). However, my current employer is enforcing a 3-month notice period on me. I agree that my appointment order states that I have to serve a 3-month notice period, but it also includes the clause: "In case the employee requests for release without serving the complete notice period, he/she is liable to pay liquidated damages towards the shortfall in the notice period. This is calculated based on the last drawn/maintained basic pay component of the home location salary of the employee. Management reserves the right to decide on such cases for early release."
I have discussed this matter up to the 3rd level manager, but all are insisting that as per company policy, I must serve a 3-month notice period. Some have been very rude. I have not yet discussed this with my prospective employer as I am afraid they might say they cannot wait for 3 months.
I am not quite sure what my options are here, or what to do next. I simply do not want to lose the job offer.
Kindly help me in this case.
Thanks,
Jagadish
I've been working with a private company for almost 6 years and recently resigned from that position as I got a better offer outside. I gave a 1-month notice period (because that's the time period I'm expected to join the new company). However, my current employer is enforcing a 3-month notice period on me. I agree that my appointment order states that I have to serve a 3-month notice period, but it also includes the clause: "In case the employee requests for release without serving the complete notice period, he/she is liable to pay liquidated damages towards the shortfall in the notice period. This is calculated based on the last drawn/maintained basic pay component of the home location salary of the employee. Management reserves the right to decide on such cases for early release."
I have discussed this matter up to the 3rd level manager, but all are insisting that as per company policy, I must serve a 3-month notice period. Some have been very rude. I have not yet discussed this with my prospective employer as I am afraid they might say they cannot wait for 3 months.
I am not quite sure what my options are here, or what to do next. I simply do not want to lose the job offer.
Kindly help me in this case.
Thanks,
Jagadish