Hi respected seniors of this community,
I have seen many contradictory statements in different forums regarding the way and process of ending employer - employee relationship. So I'm putting forward a very basic question due to my unawareness of law.
If an employee (Suppose working for a month or two - during probation) wants to end the relationship with his employer when does it actually end?
1. If he resigns and serves the notice period mentioned if any then on his last working day.
2. If he resigns with immediate effect and doesn't serve the notice period but willing to buy back the notice period then once he pays the full amount then only the relationship stands cancel.
3. If he resigns with immediate effect and is willing to buy back the notice period, even if his company doesn't accept the resignation on the day of resignation the agreement stands cancel.
In first two options an employee can be properly relieved I guess. But if somebody resigns with immediate effect and mentions in his resignation letter that he is ready to buy back notice period as per employment agreement and the employer doesn't accept it for may be say 10-15 days or may be more than that then can the employee say that his relationship ended the day he put down his papers? Because theoretically he intended to buy his full notice period so does he need an acceptance on resignation in this case? Or without that he can claim the agreement is over.
If he needs an acceptance then also why?
Awaiting some views on it.
I have seen many contradictory statements in different forums regarding the way and process of ending employer - employee relationship. So I'm putting forward a very basic question due to my unawareness of law.
If an employee (Suppose working for a month or two - during probation) wants to end the relationship with his employer when does it actually end?
1. If he resigns and serves the notice period mentioned if any then on his last working day.
2. If he resigns with immediate effect and doesn't serve the notice period but willing to buy back the notice period then once he pays the full amount then only the relationship stands cancel.
3. If he resigns with immediate effect and is willing to buy back the notice period, even if his company doesn't accept the resignation on the day of resignation the agreement stands cancel.
In first two options an employee can be properly relieved I guess. But if somebody resigns with immediate effect and mentions in his resignation letter that he is ready to buy back notice period as per employment agreement and the employer doesn't accept it for may be say 10-15 days or may be more than that then can the employee say that his relationship ended the day he put down his papers? Because theoretically he intended to buy his full notice period so does he need an acceptance on resignation in this case? Or without that he can claim the agreement is over.
If he needs an acceptance then also why?
Awaiting some views on it.