Understanding Employment Contracts and Notice Periods
Employment is a contract treated like a promise wherein the conditions are laid out for both parties (employer and employee). In the case of termination of employment, if it's a voluntary resignation from the employee, they have to serve the stipulated notice period or pay salary in lieu of the notice period.
On the employer's end, if they are terminating the employment (such as in the case of layoffs or any reason where it's not due to the employee's fault), then similarly, the employer also has to abide by the same rules, that is, notice period or salary in lieu of the notice period.
If the employer is terminating the employment of the employee on grounds of unethical behavior, harassment, theft, etc., then in this case, the employment can be terminated with immediate effect, and the employer need not give the employee any notice period or salary in lieu of.
I hope this is clear.
Thanks & Good Day,
Prathiba Nair