Dear All,
Thanks for the responce.
Actual case is, Employee put up his resignation. As per the company rule, the notice period is 3 months. Hence, employee was ready to pay the notice period amount. But, since the company needs his services for three months for proper handover, notice period was made compulsory and rejected the request of accepting the notice period amount.
Accordingly, the departing employee feels very demotivated. Hence, the work quality and quantity got disturbed. Resulting, some loss was faced by the company.
Considering the responces received, a company can award the termination letter stating the above reason to the departing employee.
Hope the action is a valid one.
Awaiting for the responce.
Thanks and Regards
Aun M V