Hi, I am serving a notice period of 60 days in my current company. However, I have received a better opportunity where I need to join earlier. I have negotiated with the new employer, and they have given me 24 days to join. Therefore, I can serve the notice period with my current employer for only 24 days. I have asked my current employer for an early release, but they are insisting on a 69-day notice period.
Current Employer Policy
The current employer policy states: "In case you intend to resign from the services of the Company at any point in time, you are required to serve a 60-day Notice Period ('Notice Period') starting from the date of resignation. The Company may, at its sole discretion, permit you an early release by:
i. Adjusting the vacation leave accumulated towards a part of the notice period (whether in part or whole) and/or
ii. Allowing you to pay up for the notice period in lieu thereof on your annual gross compensation."
As per the current employer policy, it is at the company's sole discretion to grant an early release using the buyout option or vacation leave balance. I have requested both buyout and leave compensation, but my current employer is not agreeing to it. I cannot ask the new employer for another extension as they have already extended it by 24 days.
Seeking Guidance
Please guide me on the best approach to follow now. I have spoken to my HR, who is completely dependent on my manager's decision. My manager is not considering an early release. If I stop working after serving 24 days, will I be considered absconding, even though I have already sent an email and submitted my resignation to inform my current employer?
Claiming the Relieving Letter
What is the best approach to claim the relieving letter if I stop working after serving 24 days?
Current Employer Policy
The current employer policy states: "In case you intend to resign from the services of the Company at any point in time, you are required to serve a 60-day Notice Period ('Notice Period') starting from the date of resignation. The Company may, at its sole discretion, permit you an early release by:
i. Adjusting the vacation leave accumulated towards a part of the notice period (whether in part or whole) and/or
ii. Allowing you to pay up for the notice period in lieu thereof on your annual gross compensation."
As per the current employer policy, it is at the company's sole discretion to grant an early release using the buyout option or vacation leave balance. I have requested both buyout and leave compensation, but my current employer is not agreeing to it. I cannot ask the new employer for another extension as they have already extended it by 24 days.
Seeking Guidance
Please guide me on the best approach to follow now. I have spoken to my HR, who is completely dependent on my manager's decision. My manager is not considering an early release. If I stop working after serving 24 days, will I be considered absconding, even though I have already sent an email and submitted my resignation to inform my current employer?
Claiming the Relieving Letter
What is the best approach to claim the relieving letter if I stop working after serving 24 days?