During the probation period either the party may terminate the services with immediate effect without assigning reasons.post probation I.e after confirmation of tenure. Either party will have to terminate services with a notice period of 30 days.
"either the party " means.......?
From India, Patna
2"either the party " means.......?
From India, Patna
Dear sonu,
"either the party " means the "employee or the employer".
Its complete meaning is, "during the probation period either the employee or the employer may terminate the services with immediate effect without assigning reasons. Post probation, i.e. after confirmation of tenure, either the employee or the employer will have to terminate services with a notice period of 30 days".
Hope your query is clear.
From India, Delhi
"either the party " means the "employee or the employer".
Its complete meaning is, "during the probation period either the employee or the employer may terminate the services with immediate effect without assigning reasons. Post probation, i.e. after confirmation of tenure, either the employee or the employer will have to terminate services with a notice period of 30 days".
Hope your query is clear.
From India, Delhi
Dear sonu,
If the terms of employments as regards termination clause specifying, either party may terminate the employment with immediate effect without assigning any reasons thereof during probation period by giving 24 hours notice in writing, during probation period both employer or the employee may terminate service with immediate effect by serving a simple notice in accordance with terms of employments.
So - either the party means the employer or the employee.
Hope it is clear to you.
Sibabarata Majumdar
Management Consultant- Legal & HR
Mb:9830023706
From India, Calcutta
If the terms of employments as regards termination clause specifying, either party may terminate the employment with immediate effect without assigning any reasons thereof during probation period by giving 24 hours notice in writing, during probation period both employer or the employee may terminate service with immediate effect by serving a simple notice in accordance with terms of employments.
So - either the party means the employer or the employee.
Hope it is clear to you.
Sibabarata Majumdar
Management Consultant- Legal & HR
Mb:9830023706
From India, Calcutta
Dear Sonu,
During the probation period:
" either the party may terminate the services with immediate effect without assigning reasons"
post probation I.e after confirmation of tenure: "Either party will have to terminate services with a notice period of 30 days".
So far as the underlying meanings are concerned I think you should be clear now. However, though legally the interpretation is correct whereas office etiquette calls for proper prior intimation of your intentions should be given to the concerned thro' proper channel. This will help you in case when you would be required to obtain the service/experience certificate & relieving letter and Full & final settlements. Probably this requirement is not mentioned any where I think. Do it sensibly. All the best.
From India, Bangalore
During the probation period:
" either the party may terminate the services with immediate effect without assigning reasons"
post probation I.e after confirmation of tenure: "Either party will have to terminate services with a notice period of 30 days".
So far as the underlying meanings are concerned I think you should be clear now. However, though legally the interpretation is correct whereas office etiquette calls for proper prior intimation of your intentions should be given to the concerned thro' proper channel. This will help you in case when you would be required to obtain the service/experience certificate & relieving letter and Full & final settlements. Probably this requirement is not mentioned any where I think. Do it sensibly. All the best.
From India, Bangalore
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