Dear HR professionals,
I am an employee and having some concerns with regard to exit clauses mentioned in my appointment letter and listed below. my queries are also stated below. I would really appreciate for your help and lead here as i am in the verge of putting my resignation and will come across these very soon.
Policy clause: It is mentioned that either party can break the appointment by giving notice of 3 months or pay in lieu.
Q: Is it still that company can force their decision to serve entire 3 months notice period ? or i can choose to pay full or partial lieu to reduce notice period?
Policy clause: Can not avail any leaves during notice period.
Q: Can i use leave to reduce notice period as I have sufficient earned leaves. Is this again at company's discretion?
Policy clause: Salary would be kept on hold for 3 months and will be released after FNF which will take 30 days (total 4 months)
Q: Is it legal and as per the laws to keep salary hold for entire 3 months notice period in my case? There is also 30-45 days of fnf processing time, which makes the settlement payout almost after 4-4.5 month.
I have signed these condition under my appointment letter and i am on the verge of resigning and accepting an offer. It would be easier for me to reduce the notice period to be able to keep the offer.
Any lead or help would be appreciated on above points. Kindly help.
Thanks
Rohan S
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I am an employee and having some concerns with regard to exit clauses mentioned in my appointment letter and listed below. my queries are also stated below. I would really appreciate for your help and lead here as i am in the verge of putting my resignation and will come across these very soon.
Policy clause: It is mentioned that either party can break the appointment by giving notice of 3 months or pay in lieu.
Q: Is it still that company can force their decision to serve entire 3 months notice period ? or i can choose to pay full or partial lieu to reduce notice period?
Policy clause: Can not avail any leaves during notice period.
Q: Can i use leave to reduce notice period as I have sufficient earned leaves. Is this again at company's discretion?
Policy clause: Salary would be kept on hold for 3 months and will be released after FNF which will take 30 days (total 4 months)
Q: Is it legal and as per the laws to keep salary hold for entire 3 months notice period in my case? There is also 30-45 days of fnf processing time, which makes the settlement payout almost after 4-4.5 month.
I have signed these condition under my appointment letter and i am on the verge of resigning and accepting an offer. It would be easier for me to reduce the notice period to be able to keep the offer.
Any lead or help would be appreciated on above points. Kindly help.
Thanks
Rohan S
[Login to view]