I am working in a Pvt LTD company. In my offer, there was a one-month notice period. However, my company had me sign an agreement with a two-month notice period. I have already served one month of notice, but they are asking me to serve an additional week, which I am not ready for as I intend to join another firm. The agreement also includes a buyout option. Do I have to pay for one week or for the entire one month for the buyout?
From India, Pune
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From India, Pune
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When it is mutually agreed for service of one more week, the buyout has to be of the same duration. However, you have signed an agreement for a two-month notice period. So, if you are able to leave with one week's notice, consider yourself lucky.
From India, Mumbai
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1656From India, Mumbai
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Collect the email where they have asked to serve more than 1 month, then you can email them saying, "I have to join my new company on the date: ....... As per the email above, I am ready to give 1 week's notice."
That's it.
From India, Hyderabad
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That's it.
From India, Hyderabad
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Dear Friend,
As per your posting, you have signed an agreement with your employer where the terms require a 2-month notice period. In your case, the notice period is two months, not one month. If your management is requesting an additional week, please consider this with an open heart.
If you deny their request, they may not issue you a release letter, which could potentially create problems for you. It is now up to you to decide how to proceed. You may also request the management to consider your situation with compassion. In my opinion, a peaceful exit should be sought.
Thank you.
From India, Mumbai
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As per your posting, you have signed an agreement with your employer where the terms require a 2-month notice period. In your case, the notice period is two months, not one month. If your management is requesting an additional week, please consider this with an open heart.
If you deny their request, they may not issue you a release letter, which could potentially create problems for you. It is now up to you to decide how to proceed. You may also request the management to consider your situation with compassion. In my opinion, a peaceful exit should be sought.
Thank you.
From India, Mumbai
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