Anonymous
What are the best practices that an HR should include in the notice period process so as employee must pay their shortfall notices period recovery amount?
From India, Delhi
vmlakshminarayanan
951

Hi,

Any shortfall in notice period to be recovered from the full and final settlement of employees after mutual discussion and agreement. In case of insufficient balance in Full and Final Settlement difference payment in the form of Demand Draft should be obtained from the employees ( in the name of the Company) and a supporting letter to be collected from employees.

From India, Madras
Anonymous
Thank you so much for your response. with reference to notice period non-recovery, how an employer can safeguard his interest, please suggest some guidelines or terms which can be added in appointment letter or while resignation acceptance. Look forward to your inputs.
From India, Delhi
vmlakshminarayanan
951

Hi,

You may add the following point in the Appointment letter.

" The Company will be entitled to terminate your employment by giving you, 1 Month written notice. In case you want to terminate this employment , you will be required to give 1 Month written notice or forfeit in lieu thereof, the gross pay for 1 Month or pro-rated for the period by which such notice falls short of 1 Month.".

Also during resignation discussion with the employee make it clear to the employee that one month notice is compulsory and proper relieving will be given only if the employee serves proper notice period.

From India, Madras
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.