I resigned on 29 Sep and left the company the next day without serving the notice period. The notice period is 30 days. On 5 Dec, I received an email from the shared service center stating that the full and final settlement will be released. In that email, the leaving date is written as 28 Oct instead of 29 Sep. They will send an amount for 28 days of October by deducting basic pay in notice pay recovery. I don't want that money as I have not worked for the company during that period. What should I do?
From India, Guwahati
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From India, Guwahati
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Kindly check again. In the given situation, they are relieving you only after the completion of the notice period, regardless of whether you work or not. Probably, they will not pay for these days and mark you as absent, etc. Therefore, please check and seek clarification from HR.
From India, Chennai
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321From India, Chennai
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From the payslip downloaded they are deducting 30 days notice pay recovery (basic amount ) from the 28 days salary which they will send ( though I have not served notice).
From India, Guwahati
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From India, Guwahati
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Notice Pay and Final Settlement
I do not think you are going to get any money. They will deduct your notice pay. In fact, since you have not worked, they will mark you as absent. Then they will deduct your notice period salary, and you will be asked to pay back the balance.
Or, if you are lucky, they will adjust it against leave salary, bonus, and other accumulations.
In either case, if they are doing a full and final settlement, you will receive your relieving letter, which is a good thing. In most cases, you would not get any relieving letter, and your future BVG may be affected. Just take what you get and be grateful.
From India, Mumbai
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I do not think you are going to get any money. They will deduct your notice pay. In fact, since you have not worked, they will mark you as absent. Then they will deduct your notice period salary, and you will be asked to pay back the balance.
Or, if you are lucky, they will adjust it against leave salary, bonus, and other accumulations.
In either case, if they are doing a full and final settlement, you will receive your relieving letter, which is a good thing. In most cases, you would not get any relieving letter, and your future BVG may be affected. Just take what you get and be grateful.
From India, Mumbai
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Termination Clause
Either party can terminate the training hereunder by giving one month's notice in writing to the other, and upon the expiration of such period of one month, the training hereunder shall terminate. The Company may, at its sole discretion, terminate the Contract of Employment without notice and/or salary in lieu of notice if, in the opinion of the Company, the continuance of your employment is detrimental to the interest of the Company. Provided that, in the event of termination as provided hereinabove, all benefits/perquisites/allowances shall stand forfeited immediately, and you will only receive any statutory benefits as applicable to you on the date of your termination.
From India, Guwahati
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Either party can terminate the training hereunder by giving one month's notice in writing to the other, and upon the expiration of such period of one month, the training hereunder shall terminate. The Company may, at its sole discretion, terminate the Contract of Employment without notice and/or salary in lieu of notice if, in the opinion of the Company, the continuance of your employment is detrimental to the interest of the Company. Provided that, in the event of termination as provided hereinabove, all benefits/perquisites/allowances shall stand forfeited immediately, and you will only receive any statutory benefits as applicable to you on the date of your termination.
From India, Guwahati
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Full n final settlement.doc