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Advice needed on notice period buy out
4 months ago
I resigned my job and i provided notice period of 15 days only. However according to company policy notice period was 45 days. Now they were giving me option of buy out notice period as i have not signed on any bond/contract/joining letter of the company. From their side they have deducted 30 days amount. Please guide me what can i do in this case.
A.Dear Client,
In your situation, since you haven't signed any bond or contract specifying a notice period, the company may not have a strong contractual basis for enforcing the 45-day notice period. However, company policies often act as internal rules. If you were aware of the 45-day notice period policy, it might be considered an implied agreement even without a signed document. Regarding the buyout option, if it wasn't explicitly communicated and mutually agreed upon before you resigned, you may contest the deduction of 30 days' amount. It's advisable to communicate with your HR or relevant department, express your concerns, and seek clarification on the deduction. If the matter remains unresolved, you might consider seeking legal advice to understand the enforceability of company policies in the absence of a signed agreement and to explore potential courses of action based on local employment laws.
Thankyou
In your situation, since you haven't signed any bond or contract specifying a notice period, the company may not have a strong contractual basis for enforcing the 45-day notice period. However, company policies often act as internal rules. If you were aware of the 45-day notice period policy, it might be considered an implied agreement even without a signed document. Regarding the buyout option, if it wasn't explicitly communicated and mutually agreed upon before you resigned, you may contest the deduction of 30 days' amount. It's advisable to communicate with your HR or relevant department, express your concerns, and seek clarification on the deduction. If the matter remains unresolved, you might consider seeking legal advice to understand the enforceability of company policies in the absence of a signed agreement and to explore potential courses of action based on local employment laws.
Thankyou
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A.Dear Client,
When you tendered your resignation serving a notice period of 15 days instead of 45 days as required under the terms of employment, the company following its buyout policy deducted 30 days' salary from your F & F dues. Since there is no wrong on the part of the Company, so it deserves no action from your end.
When you tendered your resignation serving a notice period of 15 days instead of 45 days as required under the terms of employment, the company following its buyout policy deducted 30 days' salary from your F & F dues. Since there is no wrong on the part of the Company, so it deserves no action from your end.
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