Hello Everyone,
Please advice on my current situation, I have got an offer from a company based out of India where the joining is due in the month June'18 end.
The Indian company notice period is 3 months and if you wish buyout. The buyout amount is 3.5 * Basic * 2 for the period of 2 months. The buyout amount comes out to be insanely high. I have already served 1 month notice and during that also they are holding 30 percent of my previous month salary due to resignation date of 12 th April'18. Currently, I have 7 vacations as balance.
Due to my current financial circumstances repaying some home & car loan dues before moving out am left with little money to support my expenses out of India as the salary will be credited by the new company after a period of 1 month.
For the visa processing of the new company I have a written letter that was issued to me in month of April'18 stating I am working with this Indian company since last year till date & the letter states it's for Visa purposes.
I have requested the company to take my holding of 30 percent + 1 month salary to be processed for May'18 + 7 vacations in return for the relieving letter as I won't be able to support the buyout amount.
Please advice what options can be opted for early relevance and also get the experience letter.
Thanks in Advance
Please advice on my current situation, I have got an offer from a company based out of India where the joining is due in the month June'18 end.
The Indian company notice period is 3 months and if you wish buyout. The buyout amount is 3.5 * Basic * 2 for the period of 2 months. The buyout amount comes out to be insanely high. I have already served 1 month notice and during that also they are holding 30 percent of my previous month salary due to resignation date of 12 th April'18. Currently, I have 7 vacations as balance.
Due to my current financial circumstances repaying some home & car loan dues before moving out am left with little money to support my expenses out of India as the salary will be credited by the new company after a period of 1 month.
For the visa processing of the new company I have a written letter that was issued to me in month of April'18 stating I am working with this Indian company since last year till date & the letter states it's for Visa purposes.
I have requested the company to take my holding of 30 percent + 1 month salary to be processed for May'18 + 7 vacations in return for the relieving letter as I won't be able to support the buyout amount.
Please advice what options can be opted for early relevance and also get the experience letter.
Thanks in Advance