I resigned from my organization and does not want to serve the entire notice period due to some circumstances. I am ready to go for a buy out option. But my organization is asking me to pay the entire gross amount. The explanation they gave is that during notice period they are paying us Gross salary, so we need to be giving then gross. I definitely don't want to pay the gross. I guess its only the Basic that we are supposed to pay. Please help me on this.
Our service agreement says" Either 90 days of notice period, or salary in lieu of that."
Additionally, My new salary came effect from September 1, I got the appraisal letters in October and the effective salary only after I resigned. I resigned by October mid.
So what all should be considered while going for buy out?