Request for Early Release from Current Employment
I am Lokesh, working in ABC (MNC) company. I resigned from my current position because I received an offer from another MNC company. I requested my current organization for an early release because it is clearly mentioned in my offer letter that the company will pay or recover salary instead of the notice period. I am ready to pay my basic salary, but the company HR is not allowing me. I am prepared to transfer all my responsibilities, which would take a maximum of 1 month, and my notice period is 90 days. I want a 30-day early release.
I am willing to serve a 60-day notice period and also ready to pay the remaining 30 days' salary. My question is, as per corporate industry rules, does the company have the right to hold me? What should be my further course of action against this?
From India, Hyderabad
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I am Lokesh, working in ABC (MNC) company. I resigned from my current position because I received an offer from another MNC company. I requested my current organization for an early release because it is clearly mentioned in my offer letter that the company will pay or recover salary instead of the notice period. I am ready to pay my basic salary, but the company HR is not allowing me. I am prepared to transfer all my responsibilities, which would take a maximum of 1 month, and my notice period is 90 days. I want a 30-day early release.
I am willing to serve a 60-day notice period and also ready to pay the remaining 30 days' salary. My question is, as per corporate industry rules, does the company have the right to hold me? What should be my further course of action against this?
From India, Hyderabad
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It is always advisable to leave a company on a soft note rather than getting into a legal tangle. The company cannot hold you if you are willing to compensate for the agreed notice period. The company can ask you to withdraw your resignation by offering a hike in designation/salary if it desires to retain you. Apart from that, the company cannot hold you.
From India, Ahmadabad
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747From India, Ahmadabad
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Withdrawl of Resignation and Notice period.doc
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