My appointment letter says any shortfall in the notice period can be adjusted in lieu of payment. However, the new policy on the notice period states that the notice period cannot be waived off. Does that mean the notice period cannot be bought out?
From India, Bengaluru
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1From India, Bengaluru
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"Notice period can't be waived off. Does that mean notice period cannot be bought out?"
The amendment makes it clear that you have to serve the notice period and cannot buy it out. Have they spoken or consulted with employees whose original terms and conditions permit the buyout of the notice period? You can put your POV to management in a nice and polite manner.
From India, Pune
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The amendment makes it clear that you have to serve the notice period and cannot buy it out. Have they spoken or consulted with employees whose original terms and conditions permit the buyout of the notice period? You can put your POV to management in a nice and polite manner.
From India, Pune
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My appointment letter states that employment can be terminated by either party with one month's notice or payment in lieu. However, my company revised the terms last year, extending the notice period to 2 months and specifying that a waiver of the notice period is not possible. Does this mean I cannot settle any shortfall in the notice period?
From India, Bengaluru
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From India, Bengaluru
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Hi,
The information provided is not sufficient to suggest on this matter. In general, the management reserves the right to waive the notice period when an employee submits resignation. Alternatively, an employee may also approach the management amicably in the event of their inability to serve the notice period as per the policy or what is mentioned in the appointment order. It is all about how honestly one presents their case to arrive at a win-win situation.
Regards,
S. Rangarajan
From India, Pondicherry
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The information provided is not sufficient to suggest on this matter. In general, the management reserves the right to waive the notice period when an employee submits resignation. Alternatively, an employee may also approach the management amicably in the event of their inability to serve the notice period as per the policy or what is mentioned in the appointment order. It is all about how honestly one presents their case to arrive at a win-win situation.
Regards,
S. Rangarajan
From India, Pondicherry
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Notice Period Extension Letter Format.doc