I am working in an IT service organization for 2+ years and planning to move out. I am getting good offers; however, I am unable to move due to a 3-month notice period. None of the companies are willing to wait for 3 months to have me in their system; they want immediate joiners.
Because of this issue, I am losing many good offers. I know I have to serve my notice as per company policy, but is there a way to reduce the notice time? I spoke to my HR, and they say that they cannot do much about it. I have not resigned yet because after resigning, I do not want to be at home jobless when nobody is ready to wait for 3 months for me to join them.
I do not want to continue with the current employer as there are no benefits available. For example, I went for maternity for 3 months with no pay and no insurance. I just received a Rs. 25,000 check after I came back from 3 months of maternity, which is not even my 3 months' basic pay, which will be more than that. I do not have PF and other benefits.
Also, in my field, openings are only available from August till February, and this year, the openings are very few.
I cannot be at home without pay. My husband got laid off and is looking for a job. I am afraid that I will have to stick with them for the next year as well, which I do not want. Please suggest to me how to handle this situation.
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2Because of this issue, I am losing many good offers. I know I have to serve my notice as per company policy, but is there a way to reduce the notice time? I spoke to my HR, and they say that they cannot do much about it. I have not resigned yet because after resigning, I do not want to be at home jobless when nobody is ready to wait for 3 months for me to join them.
I do not want to continue with the current employer as there are no benefits available. For example, I went for maternity for 3 months with no pay and no insurance. I just received a Rs. 25,000 check after I came back from 3 months of maternity, which is not even my 3 months' basic pay, which will be more than that. I do not have PF and other benefits.
Also, in my field, openings are only available from August till February, and this year, the openings are very few.
I cannot be at home without pay. My husband got laid off and is looking for a job. I am afraid that I will have to stick with them for the next year as well, which I do not want. Please suggest to me how to handle this situation.
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talk to your prospective employers for the buy-out of notice pay. If they are ready to reimburse the shortfall in notice period, you can move ahead. Pon
From India, Lucknow
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From India, Lucknow
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Hello Pon,
Thanks for the response. Yes, I already did, but they are not ready for the buyout. Other companies are only ready for a buyout within 30 days, and that too if I can join them in 10 days. They are not willing to wait or accept a 90-day notice period. Because of this, I am missing out on many good offers.
Furthermore, I have noticed that my current employer does not provide relieving letters and final settlements until 6 months after I complete my notice period. This situation is making it impossible for me to join any other company promptly, which is very frustrating.
I am feeling quite confused. Should I consider absconding? I will need a relieving letter to join a new company, and I cannot afford to be without a salary for even a month due to my financial situation.
One option is to resign, serve my notice period, and start searching for jobs during my second month of notice. However, it may not be wise to leave my current job without any concrete job offers in hand. What if there are no job openings or offers at that time?
My situation is quite challenging, and I am unsure about how to proceed.
Thanks,
Dolly
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Thanks for the response. Yes, I already did, but they are not ready for the buyout. Other companies are only ready for a buyout within 30 days, and that too if I can join them in 10 days. They are not willing to wait or accept a 90-day notice period. Because of this, I am missing out on many good offers.
Furthermore, I have noticed that my current employer does not provide relieving letters and final settlements until 6 months after I complete my notice period. This situation is making it impossible for me to join any other company promptly, which is very frustrating.
I am feeling quite confused. Should I consider absconding? I will need a relieving letter to join a new company, and I cannot afford to be without a salary for even a month due to my financial situation.
One option is to resign, serve my notice period, and start searching for jobs during my second month of notice. However, it may not be wise to leave my current job without any concrete job offers in hand. What if there are no job openings or offers at that time?
My situation is quite challenging, and I am unsure about how to proceed.
Thanks,
Dolly
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I feel you can give three months basic pay in lieu of three months' notice. Please check your appointment order; it could be mentioned there - either 3 months' notice or 3 months' pay. This provision applies to both the employer and the employee.
From India, Thana
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From India, Thana
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Not basic, its full pay mentioned there, but still they are not ready to accept to leave me early. They want me to work for 3 month notice. :(
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Pay in legal terms means basic pay. There is a ruling from the SC that allowances do not constitute pay.
The clause of three months notice in your appointment order, does it mention either side. The appointment order is like a contract where in either party could terminate the contract with notice or in lieu of notice pay.
I feel consulting a lawyer will help.
From India, Thana
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The clause of three months notice in your appointment order, does it mention either side. The appointment order is like a contract where in either party could terminate the contract with notice or in lieu of notice pay.
I feel consulting a lawyer will help.
From India, Thana
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Notice Period Issue.zip
Notice of Employee Change.doc