Hi, I'm working in an MNC for the last 5 years where the notice period is 2 months. However, I have been offered another opportunity in a different MNC where they are asking me to join in 1 month's time. They are willing to buy out the remaining one month of notice period. My current company has agreed to this buyout proposal and will release me after serving 1 month's notice.
The issue now is that I am required to repay some amount to my current company, such as last year's incentive adjustment and a one-time resettlement allowance since I am leaving. I do not have any problem with this. My current company has informed me that after my last working day, they will calculate the amount due, provide me with a FnF statement detailing the payment required, and upon receiving the payment, they will issue the Relieving letter.
This entire process may take around 20-25 days. However, my prospective employer insists that I must have the relieving letter to join their organization and cannot wait for 25 days for its issuance.
Please advise on what I should do. My current company has approved my resignation, and I have informed my prospective employer. However, they require the relieving letter on the Date of Joining (DOJ), which my current company states will take approximately 25 days to process.
I urgently seek your suggestions and assistance.
From India, Kolkata
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14The issue now is that I am required to repay some amount to my current company, such as last year's incentive adjustment and a one-time resettlement allowance since I am leaving. I do not have any problem with this. My current company has informed me that after my last working day, they will calculate the amount due, provide me with a FnF statement detailing the payment required, and upon receiving the payment, they will issue the Relieving letter.
This entire process may take around 20-25 days. However, my prospective employer insists that I must have the relieving letter to join their organization and cannot wait for 25 days for its issuance.
Please advise on what I should do. My current company has approved my resignation, and I have informed my prospective employer. However, they require the relieving letter on the Date of Joining (DOJ), which my current company states will take approximately 25 days to process.
I urgently seek your suggestions and assistance.
From India, Kolkata
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