I would like to know from experts, that whether a company can terminate any employee on any day by giving some months pay in lieu of prior notice? I've seen in a private organization's HR policy that company can terminate employee's services any day by giving three months salary in lieu of prior notice. Is there any way to stop private concerns to use this method of firing? More than this some prestigious companies even compel employee by duress to put the acceptance signature on the termination letter. Since at the time of signing the termination letter by the employee all staff belong to the employer, poor employee can't do anything. So, if some employer uses this type of tactics then what options an employee can have? How an employer can be prosecuted? Please advice. '