Dear Experts,
I am working in a Private Software Company since last two years.Now I got a new offer form another company. In Offer Letter of my Current Organisation was mentioned that Notice Period was three months and if I fail to survive the notice have to pay three months salary or part there off in lieu. But later they have sent a mail stating that "Employee who has taken the salary Hike and wish to resign before one year have to serve three months notice and should pay one month salary back". Now i have resigned and I said that i will serve one month notice and buy the remaining two months of my notice as per my offer letter. But my management is forcing me that i need to pay Five Months Salary even if i server on month Notice stating that Exit Policy was changed.
Kindly let me how to handle this situation.
Thanks and regards,
Vamsi Krishna
I am working in a Private Software Company since last two years.Now I got a new offer form another company. In Offer Letter of my Current Organisation was mentioned that Notice Period was three months and if I fail to survive the notice have to pay three months salary or part there off in lieu. But later they have sent a mail stating that "Employee who has taken the salary Hike and wish to resign before one year have to serve three months notice and should pay one month salary back". Now i have resigned and I said that i will serve one month notice and buy the remaining two months of my notice as per my offer letter. But my management is forcing me that i need to pay Five Months Salary even if i server on month Notice stating that Exit Policy was changed.
Kindly let me how to handle this situation.
Thanks and regards,
Vamsi Krishna