Greetings,
I am currently working as software developer in an IT firm. I have got an offer from another company which I have accepted. But problem is date of joining is 8th of June which they are not willing to change. My current employer is unwilling to relieve me so early . Even if I opt for buy-out. I am very much in trouble as I have already resigned. I would really like if you guys help me out here. Our resignation policies.
3.8 The releaving date may get decided in one of following manners -
3.8.1 Employee serves notice period as stipulated. He will be paid normal salary during his notice period. His balance leaves will be encashed as per the leave policy document. (Except for scenario #3.9 below)
3.8.2 Employee wants to get releaved earlier than the stipulated notice period and management agrees to this request. In this case, the employee will be paid normal salary for the notice period served. However, he will have to pay back the company
for the notice period not served. This will be counted as the no of working days from the releaving date to the End Of Notice Period. The amount paid back will be calculated as per the formula given for leave without pay in leave policy document. Any balance leaves will be encashed as per the leave policy document. Please note that clause #3.9 will still apply for the notice period served.
3.8.3 Employee wants to get releaved earlier than the stipulated notice period and management agrees to this request. Also, the management decides to adjust the balance notice period against the leaves available for the employee. If there is excess leave available with the employee, it will get encashed as per the formula given in leave policy document. If the balance leave is less than the notice period not served, then employee will need to pay the company for the balance days as per the formula given for leave without pay in leave policy document. Please note that clause #3.9 will still apply for the notice period served.
3.8.4 Seclore does not want the employee to server the entire notice period. In this case, the employee will get releaved earlier. Normal monthly salary will be paid to the employee till the releaving date. Please note that clause #3.9 will still apply for the notice period served.
3.8.5 Company expects the employee to work even beyond the notice period and the employee agrees for the same. The employee will be paid him normal monthly salary during this period.
​Thanks
