Hi, Our company initiated a Notice period in June, providing employees with a 90-day notice period along with a designated Severance Package. During the announcement by the Managing Director, it was mentioned that employees seeking early release would be allowed, considering the potential impact on their career.
However, a month later, when some employees requested early release within 2-3 weeks on a case-by-case basis, they received an email quoting a reference from the offer letter regarding a Buyout Clause, stating that the employee needs to pay the company.
In today's world where dishonesty is prevalent, and words seem to hold less value, it raises concerns. Firstly, is the company allowed to implement such a clause after not mentioning it initially during the Notice period initiated by the company? Can they alter the terms midway through the process?
What recourse is available to employees against such actions by the employer?
However, a month later, when some employees requested early release within 2-3 weeks on a case-by-case basis, they received an email quoting a reference from the offer letter regarding a Buyout Clause, stating that the employee needs to pay the company.
In today's world where dishonesty is prevalent, and words seem to hold less value, it raises concerns. Firstly, is the company allowed to implement such a clause after not mentioning it initially during the Notice period initiated by the company? Can they alter the terms midway through the process?
What recourse is available to employees against such actions by the employer?