Hi,I am serving notice period of 60 days in my current company. But now I got better opportunity where I need to join early. Also I have negotiate with new employer and they have given me 24 days time to join. Hence I can serve notice period with current employer till 24 days. I have asked my current employer to release me Early but they are asking me to serve notice period till 69 days. The current employer policy says :
In case you intend to resign from the services of the Company at any point of time, you are required to serve 60 days’ Notice Period ('Notice Period') starting from the date of resignation. The Company may, at its sole discretion, permit you an early release by;
i. Adjusting the vacation leave accumulated towards a part of the
notice period (whether in part or whole) and / or
ii. Allowing you to pay up for the notice period in lieu thereof on your
annual gross compensation.
Now as per current employer policy says it's sole discretion of company may give early release by using buyout option or vacation leaves balance.
I have asked for both buyout and leave compensation but my current employer is not agreeing with it . I cannot again ask new employer to extend as they already did for 24 days.
Please guide me what is best approach to follow now. I even spoke to my HR he is completely dependent on my manager's call. My manager is not at all listening for early release. If I don't work after serving 24 days will I be considered as absconding because I already sent mail and put my resignation and let my current employer know about it.
And what is the best approach to claim the relieving letter if I stop working after serving 24 days?
From India, Hyderabad
Acknowledge(0)
Amend(0)
In case you intend to resign from the services of the Company at any point of time, you are required to serve 60 days’ Notice Period ('Notice Period') starting from the date of resignation. The Company may, at its sole discretion, permit you an early release by;
i. Adjusting the vacation leave accumulated towards a part of the
notice period (whether in part or whole) and / or
ii. Allowing you to pay up for the notice period in lieu thereof on your
annual gross compensation.
Now as per current employer policy says it's sole discretion of company may give early release by using buyout option or vacation leaves balance.
I have asked for both buyout and leave compensation but my current employer is not agreeing with it . I cannot again ask new employer to extend as they already did for 24 days.
Please guide me what is best approach to follow now. I even spoke to my HR he is completely dependent on my manager's call. My manager is not at all listening for early release. If I don't work after serving 24 days will I be considered as absconding because I already sent mail and put my resignation and let my current employer know about it.
And what is the best approach to claim the relieving letter if I stop working after serving 24 days?
From India, Hyderabad
Acknowledge(0)Amend(0)
In absconding from your job, you are taking a huge risk with tremendous adverse consequences, besides casting doubt on your integrity, ethics, and character. Is it all worth it? Perhaps you could have sought a little more time to join the new company.
In the circumstances you have described, you need to follow up with your department head and HR for early release after considering the buyout option.
From India, Mumbai
Acknowledge(0)Amend(0)
1656In the circumstances you have described, you need to follow up with your department head and HR for early release after considering the buyout option.
From India, Mumbai
Acknowledge(0)Amend(0)
Hi KK,
I have been trying to convince my HR and senior manager, but they are not agreeing. I also have a doubt; I already intimated them with a resignation email, and they have accepted it as well. If I stop working after serving 24 days out of the required 60 days, would it still be considered an absconding case?
From India, Hyderabad
Acknowledge(0)Amend(0)
I have been trying to convince my HR and senior manager, but they are not agreeing. I also have a doubt; I already intimated them with a resignation email, and they have accepted it as well. If I stop working after serving 24 days out of the required 60 days, would it still be considered an absconding case?
From India, Hyderabad
Acknowledge(0)Amend(0)
Hi,
If you have a copy of the acceptance, they should not mark you as absconding. However, they will not provide you with a relieving letter. Therefore, convince your reporting manager for a notice period buyout to have a smooth exit. This way, it will not reflect negatively on your Background Verification (BGV).
Thank you.
From India, Mettupalayam
Acknowledge(0)Amend(0)
If you have a copy of the acceptance, they should not mark you as absconding. However, they will not provide you with a relieving letter. Therefore, convince your reporting manager for a notice period buyout to have a smooth exit. This way, it will not reflect negatively on your Background Verification (BGV).
Thank you.
From India, Mettupalayam
Acknowledge(0)Amend(0)
Always adhere to the clause agreed upon in the appointment order. You need to either give notice for the specified amount of days or you need to serve them. There is no compulsion to work for the same employer if this clause is included in your appointment order.
From Spain, Burgos
Acknowledge(0)Amend(0)
From Spain, Burgos
Acknowledge(0)Amend(0)
Thank you, Murali! I agree that I will serve the notice period. However, it is also stated that if employees require early release, then based on company discretion, they will be given a buyout option and leave compensation. Now, when I am requesting to receive the payment or compensate for my remaining leave balance, they are not agreeing.
From India, Hyderabad
Acknowledge(0)Amend(0)
From India, Hyderabad
Acknowledge(0)Amend(0)
Hey Nazeeruddin,
If you have any written proof wherein it is clearly stated that if employees require early release, then based on company discretion they will give a buyout option for the notice period and leave compensation, then your current company is bound to release you. So, one last time, you should go to your manager or HR and discuss the same.
In case you do not have any such written proof, then you have no other option but to try to convince them or your new employer. Since the whole situation is a little tricky, you should be patient and calm.
Hope it helps.
From India, Noida
Acknowledge(0)Amend(0)
If you have any written proof wherein it is clearly stated that if employees require early release, then based on company discretion they will give a buyout option for the notice period and leave compensation, then your current company is bound to release you. So, one last time, you should go to your manager or HR and discuss the same.
In case you do not have any such written proof, then you have no other option but to try to convince them or your new employer. Since the whole situation is a little tricky, you should be patient and calm.
Hope it helps.
From India, Noida
Acknowledge(0)Amend(0)
Hi,
Yes, I do have written proof of the offer letter terms and conditions mentioned in the below-attached section number 9.b) Separation from the company: that, based on company discretion, they will give a buyout option for the notice period and leave compensation. I have been negotiating with my current employer for the past 30 days, but they are not agreeing. They have also extended the joining date with the new employer three times in a row, and now he is also not accepting any further extensions. I'm completely overstressed and unable to continue my work. Please suggest what action I should take next.
Please find the below-attached screenshot for your reference.
Thanks in Advance.
From India, Hyderabad
Acknowledge(0)Amend(0)
Yes, I do have written proof of the offer letter terms and conditions mentioned in the below-attached section number 9.b) Separation from the company: that, based on company discretion, they will give a buyout option for the notice period and leave compensation. I have been negotiating with my current employer for the past 30 days, but they are not agreeing. They have also extended the joining date with the new employer three times in a row, and now he is also not accepting any further extensions. I'm completely overstressed and unable to continue my work. Please suggest what action I should take next.
Please find the below-attached screenshot for your reference.
Thanks in Advance.
From India, Hyderabad
Acknowledge(0)Amend(0)
i wanna know how it can reflect in bgv if he hides the previous company experience in cv??
From India, Mumbai
Acknowledge(0)Amend(0)
From India, Mumbai
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.
Five Ways To..Serve Your Notice Period Responsibly.pdf
Notice period.jpg
Notice Period Extension Letter Format.doc