I have resigned from my job where the company is asking me to serve a notice period of 60 days, but I have chosen to work for 34 days. So now the company is not accepting my resignation. I have stated that they can adjust my balance leave, and if there is any amount to pay, I am ready to pay. However, they are not accepting it. What should I do?
From India, Surat
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From India, Surat
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So far as the interest of the organization is concerned, the employer happens to be a superior party to the contract of employment. That's why an overriding discretion is vested in the employer either to accept or reject the buyout option of the notice period by the employee in the matter of resignation. Whether feigned or real, the employer can exercise his discretion the way he likes as if in the interest of the work of the organization.
Therefore, if the chances of rejection of the buyout offer by the employer are more, the only way out for an exiting employee is to plan his exit in such a manner that mostly he serves the entire notice period.
From India, Salem
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6108Therefore, if the chances of rejection of the buyout offer by the employer are more, the only way out for an exiting employee is to plan his exit in such a manner that mostly he serves the entire notice period.
From India, Salem
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The clause of your appointment applies to you. If there is a buyout option clause for the notice period, you can exercise it. Otherwise, you have to serve the notice period as specified in the terms of appointment. When seeking a solution, please attach the letter of appointment for better understanding of the issues.
From India, Mumbai
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From India, Mumbai
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Withdrawl of Resignation and Notice period.doc
Resignation-Not ice Period- T._Purushotham_ Reddy_vs_United _India_Insuranc e_Company_..._o n_21_Nove.pdf