Notice Period Dilemma
I work for an MNC that has a notice period of 90 days as an Associate Manager in Risk and Compliance. I received an offer from a company with a raise in designation and pay, and they wanted me to join their company in 45 days from the offer rollout as they have an urgent requirement. The HR from the new company even offered to buy out my remaining notice period of 45 days. However, my current management does not want to release me even a day earlier than the 90 days. Also, they are not willing to hire someone externally for my position at the moment due to a freeze in hiring for support functions in our company. However, my reporting manager has a large team of close to 20 personnel reporting to him. So, I requested my manager to distribute my workload among my peers and release me from duties in 45 days. Unfortunately, my manager is not willing to do so. When I raised my concerns to HR, he even threatened to fire me for non-performance and assured that I will not get any other job through his connections. To my surprise, my HR is just a silent spectator and has not provided any amicable solution to the situation.
Now, my new organization wants me to join on July 27, 2015 (which is after 45 days of notice).
Seeking Solutions
In this situation, what could be the solution to my problem? Is it mandatory to serve the full notice period in companies? Is there no option for an employee to leave the organization at his own will after completing the knowledge transfer?
I request your expert opinion to help me save my job.
Thanks and Regards,
SVRA
I work for an MNC that has a notice period of 90 days as an Associate Manager in Risk and Compliance. I received an offer from a company with a raise in designation and pay, and they wanted me to join their company in 45 days from the offer rollout as they have an urgent requirement. The HR from the new company even offered to buy out my remaining notice period of 45 days. However, my current management does not want to release me even a day earlier than the 90 days. Also, they are not willing to hire someone externally for my position at the moment due to a freeze in hiring for support functions in our company. However, my reporting manager has a large team of close to 20 personnel reporting to him. So, I requested my manager to distribute my workload among my peers and release me from duties in 45 days. Unfortunately, my manager is not willing to do so. When I raised my concerns to HR, he even threatened to fire me for non-performance and assured that I will not get any other job through his connections. To my surprise, my HR is just a silent spectator and has not provided any amicable solution to the situation.
Now, my new organization wants me to join on July 27, 2015 (which is after 45 days of notice).
Seeking Solutions
In this situation, what could be the solution to my problem? Is it mandatory to serve the full notice period in companies? Is there no option for an employee to leave the organization at his own will after completing the knowledge transfer?
I request your expert opinion to help me save my job.
Thanks and Regards,
SVRA