NOTICE PERIOD NEGOTIATIONS & BUY OUT OPTIONS

Sdílet
Vložit
  • čas přidán 28. 07. 2021
  • #NOTICEPERIOD #RESIGNATION #EXITPROCESS
    I have made this detailed video about notice period negotiations and buy-out options for a leaving employee, do check it out.
    A notice period is a period of time between the receipt of the letter of dismissal and the end of the last working day. Notice period has to be given to an employee by their employer before their employment ends. It also refers to the period between the resignation date and the last working day in the company when an employee resigns.
    This video will answer all questions about:
    How to negotiate Your Notice Period
    Most Important documents while leaving a JOB
    Why to Quit a Job? on Good Terms
    What are the options to buy out your notice period or have an early exit?
    Also, we speak about the exemptions of the notice period and special cases.
    Do let me know if you have feedback for this video in the comments. Check out the below links for videos that you may find useful.
    My"how-to" video series to help you with everything from everyday career advice to resume tips, job searching to interviewing to improving your confidence or negotiating a salary and leaving your job professionally. Check out these playlists below:
    CAREER ADVICE PLAYLIST: bit.ly/3EhIcZu
    RESUME CREATION: bit.ly/3tME52Y
    JOB SEARCH TIPS: bit.ly/3hrwiSX
    INTERVIEW TIPS: bit.ly/3tE7dcs
    NOTICE PERIOD & EXIT PROCESS : bit.ly/3hscwXO
    QUICK TIPS BY CAREERVUES: bit.ly/3925ft7
    CAREERVUES VIDEOS: bit.ly/3tD8HDM
    Subscribe to my CZcams Channel for more career development tips - bit.ly/2YLsTYK
    MORE POSTS / VIDEOS YOU MIGHT LIKE:
    Video on Resignation & notice period :
    • RESIGNATION, NOTICE PE...
    Video on how to pass probation successfully :
    • TO-DO LIST FOR PASSING...
    TIPS FOR NOTICE PERIOD NEGOTIATION EMAIL - TEMPLATES INCLUDED
    • TIPS FOR NOTICE PERIOD...
    Video on How to resign gracefully (3 templates included) :
    • HOW TO QUIT YOUR JOB G...
    Video on notice period & exit interview questions?
    • NOTICE PERIOD & EXIT I...
    Video on do's & dont's of an exit interview
    • DO'S & DON'TS OF AN EX...
    ...
    - Let's Stay Connected on Social Media -
    ♥︎ Website: www.careervues.com
    ...
    ♥︎ Email: contact@careervues.com
    ...
    ♥︎ My LinkedIn profile: / nancy-cha. .
    ...
    ♥︎ My Blog: careervues.com/blog/
    ...
    ♥︎ Instagram: / careervues
    ...
    ♥︎ Facebook: / careervues
    ...
    ♥︎ :LinkedIn Page : / careervues

Komentáře • 516

  • @riazshaikh8108
    @riazshaikh8108 Před 2 lety +1

    Thank you, almost all questions answered.

  • @hetbhavsar4902
    @hetbhavsar4902 Před rokem +9

    I really appreciate your efforts towards explaining the terms and options in this difficult time. I am also serving my 3 months notice period and it's a very difficult time for me as I need to join my new job as early as possible.
    I was very depressed because of my current situation that my current employer is not relieving me even after offering a buyout option. I was misguided by my own manager that I need his permission for that and he won't approve it.
    From your video, I understand that buyout is my right and I don't need his approval, I am feeling a bit relaxed now.
    I want to thank you for sharing the information, thank you mam.

    • @Careervues
      @Careervues  Před rokem

      Your most welcome😊 I am really humbled and motivated by your positive feedback on my video, followers like you inspire me to do more meaningful content. Keep watching Careervues videos and do share my channel with your network 🙏😊

    • @atishpatil5744
      @atishpatil5744 Před rokem +2

      Hello brother so did you succeed in buyout option??

    • @hetbhavsar4902
      @hetbhavsar4902 Před rokem +4

      @@atishpatil5744 Yes, I succeeded. And again thank you @Careervues

    • @BDhanush1725
      @BDhanush1725 Před rokem +1

      Bro how did u deal to buy out. Any tips and tricks

    • @hitesharora3434
      @hitesharora3434 Před 6 měsíci +1

      Hi I am also stuck In the same situation, Can You guide me what you did next, I really need help

  • @VinayKumar-oh3rv
    @VinayKumar-oh3rv Před 7 měsíci

    Awesome crisp and clear explanations, super point to point conclusions... Thanks for the great video, loved it its very very very helpful ❤❤❤

  • @rajatsodhi5297
    @rajatsodhi5297 Před 2 lety +3

    Very clearly explained, thank you so much 🙏

    • @Careervues
      @Careervues  Před 2 lety

      Your most welcome, keep watching Careervues weekly videos 😊👍

  • @pralaysangma8019
    @pralaysangma8019 Před rokem +5

    Very nice and comforting videos on notice period. Thank you for this video.

    • @Careervues
      @Careervues  Před rokem +1

      Hi Pralay,
      Thank you so much for your kind feedback. Stay tuned for more videos every week 😊

  • @vishaljaiswal4145
    @vishaljaiswal4145 Před 2 lety +2

    Thank you Mam. You have been a great help.

    • @Careervues
      @Careervues  Před 2 lety

      Your most welcome Vishal, happy to get a positive feedback. Kindly share my channel with your network as well so that I stay motivated for creating useful content.
      Best wishes 😊

  • @lalitjadaunreaction014

    Thankyou very much .you save my life with buy out option. Subscribed 😘

    • @Careervues
      @Careervues  Před 2 lety

      Thank you @Lalit stay tuned to Careervues

  • @chadcamara8083
    @chadcamara8083 Před 2 lety +1

    Thank you .. very informative ..👌

    • @Careervues
      @Careervues  Před 2 lety

      Your welcome, appreciate your positive feedback on my video 😊

  • @yogeshchakre4642
    @yogeshchakre4642 Před 2 lety +1

    Great ✨👍 I got right Guidence 👑

    • @Careervues
      @Careervues  Před 2 lety

      Thank you Yogesh, I am glad to hear that 😊🏵

  • @SantoshGupta-xt2ok
    @SantoshGupta-xt2ok Před 3 měsíci +1

    Thanks so much❤️

  • @vinayamathangi9865
    @vinayamathangi9865 Před rokem +1

    You have magic voice God bless you

    • @Careervues
      @Careervues  Před rokem +1

      Thank you so much Vinaya 😊🙏

  • @rumiquotesenglish8237

    Thank you madam..... very useful ❤️

    • @Careervues
      @Careervues  Před rokem

      Your most welcome, keep watching Careervues weekly videos 😊

  • @vasur4250
    @vasur4250 Před 10 měsíci

    When i joined to x company 4 years back.. the notice period was 2 months.. it is mentioned in the appointment letter as well bt now 2 months back out hod sent a mail that notice period will be 3 monoths for every one . How to negotiate and convince to come out of the company.. please suggest me

  • @SNEAKks
    @SNEAKks Před rokem

    What amount will be calculated for buyout is it the exact net salary or the basic salary that i need to pay for not service the notice period

  • @seher7280
    @seher7280 Před 10 měsíci

    if the contract stated that 3 days unauthorised leaves will terminate the contract can I do that to end the contract or would 3 months notice period consequences will follow me with this

  • @aninditasaha5694
    @aninditasaha5694 Před 6 měsíci

    Hi ma’am.. I am working in a company where they have two months of notice period.but I don’t want to serve the total notice period as my new company wants me to join earlier..in my appointment letter it is write you have to give notice period or can pay gross salary in lieu thereof but in the company policy I is mentioned notice period buyout is subject to approval of approving authority…in this case can the company reject my resignation?

  • @FINANCEMATE
    @FINANCEMATE Před měsícem

    Hi M’am u have explained quite clearly , I work as a teacher and have got a new job in another education organisation, my previous organisation where I was working had one month notice period..I had put my resignation in vacation in 2nd week of May and had asked for a release date in 2nd week of June considering one month notice, they said it has to b working notice which is entire month of June, I said I cannot wait the entire month and buy out what is not served by me, the Organisation has withheld my May salary too and also asking me to work entire June even if I have given option of buyout ..suggest me what to be done, what if I don’t go to work ahead since my May salary is on hold, whatever days I have completed in the month of June is with the old organisation since I’m more focused on working in the new organisation

  • @Ganesh_Engineering
    @Ganesh_Engineering Před 3 měsíci

    Hi madamji
    I have joined one company and resigned after 20 days because of unhealthy and toxic work culture but they are demanding 2L for immediate release
    WHAT should i do?
    I have other company offer as well.

  • @ameghm2114
    @ameghm2114 Před rokem

    What about absconding? and if the employee doesn't need and experience letter and relieving letter. Can a company take legal actions? please reply

  • @TheGoodfella2012
    @TheGoodfella2012 Před 2 lety +1

    I've been offered a non-managerial position in the UK and the notice period in the contract is 3 months - which seems excessive given that it's not a super senior role and there are no direct reports. Can I negotiate to lower the notice period before signing the contract?

    • @Careervues
      @Careervues  Před 2 lety

      @vindawg you must surely try to negotiate the notice in this case.Even for managers role 3 months is too much of a notice period. 1-2 months are enough to get a replacement and finish handover tasks.

  • @narottamrajneesh5544
    @narottamrajneesh5544 Před 2 lety +2

    Hello Ma'am.Currently I m working in Here Technologies.But I got an offer letter on 24th May from Capegemini on which joining date was 23rd June.So I had to resign in current company asap in order to serve my notice period of 30 days before joining date of 23rd June.During HR interview of Capegemini I had clearly mentioned about my 30 days notice period.But after resignation,she is asking me to negotiate on my notice period with my current manager as they want me to join on earlier than the mentioned date on offer letter.She also threatened me that she would offer this opportunity to someone else if I am not available on the earlier date as mentioned by her.I also asked about buying out of my notice period with my current manager and HR.They are also not ready to compensate my paid leaves with notice period.As I have already resigned,it can't be reverted.So it seems that finally I am going to lose both the job.Please Ma'am guide me on what I should do??

    • @Careervues
      @Careervues  Před 11 měsíci

      Hi Rajneesh,
      It is a difficult situation primarily created by your new employer by their unjust demands. Once you told them clearly they should not be pressurizing you. At the same time current company should adjust any pending leaves in your notice period settlement as per labor law. Hope you make a well thought decision about your job.

  • @hiteshvaishnav2177
    @hiteshvaishnav2177 Před 2 lety +1

    Thanks a Lot

  • @tamasataamara-thetwins8459

    Loved your voice. I want to know if the buy out amount is basic salary or gross salary. My previous buy out was on gross salary.

    • @Careervues
      @Careervues  Před 2 lety

      Hi it’s generally depending on the company policy.
      The best way is to Ask HR how they calculate the buy out

  • @nabeelasharmeen6422
    @nabeelasharmeen6422 Před 3 měsíci

    I am resigning due to personal reasons and not a job offer. Yet, my employer is making it difficult to release me early.
    My letter has 90 days notice but my circumstances are keeping me from working beyond 21 days.
    Please share your advise.

  • @geevarthomas
    @geevarthomas Před rokem

    Hi Nancy,
    The query is on the notice period being waived off. Do we get a pay for the number of days from which we worked from the day of resignation

    • @Careervues
      @Careervues  Před rokem

      Hi Geever,
      What does the company policy says?
      It should be paid unless it’s waved off from immediate effect.

  • @qualitytrainingforqc8965

    Madam i have job opportunite the think i that new company is asking me to join in 15 days so please advice I am having a contract of 1 month notice period means only 15 days I can serve the notice period so what shall I do one thing I am ready to for not getting salary of 15 days I am serving please advice mean legal ways

  • @vivekas3506
    @vivekas3506 Před rokem

    Mam , My management give so many badwords and give give stress, my joining before 3month. I give resignation. But management give so many stress. I not like to serve notice period. But i handed over my work with new employee

  • @AmjadandTahira
    @AmjadandTahira Před 2 lety +1

    I have give resigned from my current employer of 30 days but after signed documnet he waive off notice period to ten days and said free her in two days.
    And its hurt my gratuity 20 days pay
    Anual leaves and lfa

    • @Careervues
      @Careervues  Před 2 lety

      Hi there
      As per the labor law both parties have to abide by the notice period stated in employment agreement. Your employer can ask you for an early exit but it cannot be forced on an employee. Read your contract what does it says about leaving the company?

  • @aarthiparthasarathy8143
    @aarthiparthasarathy8143 Před rokem +2

    Hi Madam, in the offer letter they have mentioned 90 days max or compensation in lieu of shorter notice. Subsequently they changed it as compensation in lieu of shorter notice at management discretion in HR policy. I asked to shorten my notice period from 90 days to 60 days to which my manager did not agree even if I was ready pay compensation. Is this legal. And if I deny to stay for 90 days can the company hold my service certificate and F&F

    • @Careervues
      @Careervues  Před rokem

      Hi Aarthi,
      The company has smartly addressed in the policy ‘At management discretion’ which means they could approve or reject it. I would recommend you to negotiate again. Following videos might be helpful for you to understand the notice negotiations & legal consequences.
      czcams.com/video/oyUwX_VSJEY/video.html
      czcams.com/video/aCQAAOxDzgw/video.html

  • @subhankarchatterjee7948

    I am on probation period and not a full time employee till now but i have got a better opportunity in some different organisation and i was selected as a fresher to join immediately. My notice period is 30 days and I have to exit within 2 weeks as I have to join in time there and currently being a trainee I don’t have that much work load or responsibilities, so ma’am what should I do in this situation. Please reply back.

    • @Careervues
      @Careervues  Před 2 lety

      Hello Subhankar,
      In this case review your contract if there is a mandatory notice period even during probation and talk to HR for an early release. They should be able to assist you. Let me know what they say so that I can guide you further.

  • @main_stream_media_is_a_joke

    Honest question.
    Why is it that notice periods in the West are 3 weeks while in India the companies FORCE the employees/slaves to work for 3 months after they put down the papers?
    Seems like the management gets some sort of perverse joy in seeing their former employee suffer.
    Your original and unbiased thoughts would be highly appreciated.

  • @Lav_amb
    @Lav_amb Před 2 lety

    Hello, I have a situation where I am on deputation ( Different country) . I got a contract when I was deputed. But the termination policies are different when I check my offer letter and this Contract. Company claims that only India policy applies. But my Local Lawyer disagrees with what my employer is saying. What do you suggest?

    • @Careervues
      @Careervues  Před 2 lety

      Hi Lavanya,
      The origin of the contract has to be followed in case of temporary deputation. Local laws can’t change what the contract says.

  • @tamasataamara-thetwins8459

    Hello..My appointment letter says I have to serve notice period and if employee wants early relieving it's company's discretion. However company's exit policy says if notice period is not served, the short fall will be calculated for recovery. This exit policy is mentioned under HR policies of the company. Can I go according to exit policy

    • @Careervues
      @Careervues  Před 2 lety +2

      Hi
      Both the rules mentioned regarding notice period are in company’s favor. As per #HRpolicy You are eligible to pay for unserved notice but having payment against notice or making you serve the complete notice is upon company’s discretion.

  • @stankafan6688
    @stankafan6688 Před 2 lety +1

    Hi ma’am i found this very informative. I am going through a situation where i have to join another company within one month and i talked to my manager he said that we have put so much efforts on you to make you train on this project and after 7 months you are willing to go out of this Organization. I mean he is not allowing me to leave early. I have a notice period as 2 months and it’s written in the contract that “ In case of failure to serve the notice period, you will agree to pay equivalent gross salary in lieu of the notice period not served. The company has the discretion to adjust any unused vacation against notice period.“
    Please reply me soon because on Monday i need to take action and ask for the buyout and will they allow me for the buyout as per contract.

    • @Careervues
      @Careervues  Před 2 lety +2

      Hi Adnan
      Based on the mentioned clauses the company might not allow you to buy out your notice(they hold the right to do so) I recommend requesting tone and offering support in whatever way you can to negotiate your notice period. Let’s see what kind of response you get.

    • @kmkushal927
      @kmkushal927 Před 2 lety +2

      What happened did they allow buyout?

  • @ravinapatil23
    @ravinapatil23 Před 2 lety

    Hello Mam, I am working in XYZ IT company since last 10 months and I have resigned due to my spouse abroad relocation which I mentioned in resignation letter. I have survived 1.5 months of notice period but still 1.5 months is remaining. As of now due to pregnancy I wont be able to continue work as it has too much of workload. In this case, how can I get early release?

    • @Careervues
      @Careervues  Před 2 lety

      Hi Ravina,
      Firstly congratulations on the new changes in your life.
      Below are the options in your situation:
      Check your eligibility to buy back notice period
      Keep taking sick leaves as and when you need them to pass your notice of 3 months
      Tell your employer due to pregnancy complications you would not be able to continue beyond 2 months
      Hope one of above would work for you.
      Let me know how it goes..

  • @anishsingh2460
    @anishsingh2460 Před 6 měsíci

    Either party can terminate this employment by serving a notice of 90 days on the other. The Company may at its absolute
    discretion make a payment representing salary (basic) in lieu of notice of termination.
    i have talked to my manager but he is just ignoring my calls and hr says that once replacement is there you may go . but they doesnot seem to interested in hiring repplace,ent

  • @vipul.bhowar
    @vipul.bhowar Před rokem

    Hi quick question, on the last few days i have been asked to sign a three month cooling period. I don't wish to sign the same.What is the correct way. Can I not sign the same

    • @Careervues
      @Careervues  Před rokem +1

      Hi vipul,
      Please inform the company that you have another job that you need to join asap and request them to process your final settlement.

  • @1mike124
    @1mike124 Před 2 lety +4

    Hello Ma'am: Struggling to get the 90 day notice reduced. the clause mentioned is "terminable by either Party giving the other ninety (90) days’ notice. The company may, however, reduce this notice period at its discretion by accepting / paying basic salary in lieu thereof" - would it be possible to ask for buy-out with this? Thank you

    • @Careervues
      @Careervues  Před 2 lety +2

      Hi
      You can surely ask to buy back your notice as this clause is mentioned in the contract.
      Make sure to send a written request and it should be settled on your basic salary upon approval of your line manager & HR.
      Send a polite request and see if they agree.
      Best of luck!

    • @kmkushal927
      @kmkushal927 Před 2 lety

      @@Careervues if they don't agree what next can we do

    • @Careervues
      @Careervues  Před 2 lety

      Hi Kushal,
      You must ask for the reason for rejection of buy back. Try to ask for support of your line manager. See if you could offer completing any critical tasks and have the exit before time.
      What does your HR Says?

    • @kmkushal927
      @kmkushal927 Před 2 lety

      @@Careervues project manager and HR is playing mind games by saying about project critical requirement and other non sense things but I really don't have much work to be done on daily task just playing corporate worst games l.

    • @jananivyshyas4821
      @jananivyshyas4821 Před rokem

      @@kmkushal927 yes I am facing such same issue

  • @vipulbhaliya6488
    @vipulbhaliya6488 Před rokem

    In my company there is 60 days notice period, but i have medical reason for resignation and I can't serve notice period so can you tell me how to i submit my resignation to HR manager?

    • @Careervues
      @Careervues  Před rokem

      Hi Vipul,
      Please send an email while attaching the medical certificate that you are unable to work from which date.
      Following video might help :
      czcams.com/video/oZuqobEuJeY/video.html

  • @sheenamaeviray5931
    @sheenamaeviray5931 Před rokem

    Hello Ma’am, I’ve been working for 5 days in a company but I want to resign immediately because I need to start in a new company. This is what is written in a contract “Post confirmation, you may terminate your services by giving notice in writing as mentioned in clause 6 for 30 days or payment of salary in lieu thereof. “
    Is it possible for me to buy out the notice period ?

    • @Careervues
      @Careervues  Před rokem

      Hi Sheena
      5 days are nothing, Incase you are genuinely not ready to continue. Evaluate the company culture based upon the 2 job offers and take a step ahead. Notice might not imply in this case.

  • @Kuch_Vi_007
    @Kuch_Vi_007 Před 2 lety +2

    Hi Ma'am, nice video , I have an issue regarding notice period, as per appointment letter notice period "mentioned 90 days .However, it would be permissible at management's discretion to allow you the waiver of the shortfall in the notice period by buying (Basic Salary) the said shortfall period in lieu thereof".I want to complete 30 days notice period & rest of two months I goes for buying out but management not ready for buying out & pressurized me for survive 90 days notice period. I didn't want to complete 90 days Notice Period What can I do?

    • @Careervues
      @Careervues  Před 2 lety

      Unfortunately it is clearly mentioned in your contract that final decision will be by the management so there is not much of choice for you. Though it says that 2 months can be bought, try to resolve this nicely. Request your manager or HR to help you with exit process in return offer them a proper handover or assistance in replacement.
      Lot of people are job less due to Covid, they may find someone for a lesser salary.
      Talk to them one more time with a strategy, hope it will work!

    • @kmkushal927
      @kmkushal927 Před 2 lety

      What happened did they leave you for 2 months

  • @Me_and_my_motivation94

    Helloo mam
    I have a situation.i got my visa to canada so I resigned my position served 15 days and have 2 months notice period.did all the handover and exit interview also .now they are asking to pay for the rest days and i am now in canada and i dont require the experience certificate.is there any consequences i will face if i didnot pay the amount?

    • @Careervues
      @Careervues  Před 2 lety

      Hi there,
      If you are starting a new career journey in Canada you might have already gathered lots of documents for your previous experience, so it would not be a problem. Incase you are going to mention this company’s name on your cv, your future employer might do a reference check, so make sure you give the details of the person whonis in good terms with you.

  • @divyasingh6639
    @divyasingh6639 Před 2 lety

    Hello ma’am, i got an offer from a company which is offering me 3 times more salary then my current company, but i have to join within a month. So i tried to negotiate the 3months notice period with my HR and manager of current company but they are not ready for it. They are forcing me to stay for 3months and also talking to rudely to me. What should i do? I can’t loose this offer. Please help me out with this.

    • @Careervues
      @Careervues  Před 2 lety

      Hi Divya
      How much time you have been working in your current job and what are the documents needed for the new job?

  • @alhassanturay3382
    @alhassanturay3382 Před rokem

    Good afternoon ma I was been working in a restaurant over one year nine months now but my employer never give me contract letter now I have already got offer letter from another company, I have already give him resignation letter which is one month notice period and now they have already cancel my Visa with out giving me Visa cancellation paper what to do now

    • @Careervues
      @Careervues  Před rokem

      Hi there
      I am sorry for the situation. You must have some documents regarding your employment visa with the employer. If they have canceled your visa you do not always get a paper, sometimes it’s online. If you have another offer ask them to check the visa status or guide you on how to help them. Let me know if you have any questions.
      Best of luck!

  • @mitra6088
    @mitra6088 Před rokem

    Hi mam i have to join to other company on Aug 3 and my current company gave me a notice period of Aug 29th now i told them to adjust from my outstanding leave but they are not agreeing and after watching your videos i told them for buying out some how HR understands but my manager not agreeing it.More over in my offer letter there no mention of serving notice period mentioning month.Now what can i do please help.??

  • @manjunathkamalay2264
    @manjunathkamalay2264 Před 2 lety

    Hi Ma'am I found right video which suits me in my current situation. I do have a query ma'am that I worked in the organisation for more than 5 years and I got a new offer. I need to serve notice period for 60days which is in the contract. So, my last working day will be Mar17th. But joining date is on Mar14th. I tried to explain my manager but said the date will not change. Any suggestions Ma'am.

    • @Careervues
      @Careervues  Před 2 lety +1

      Hi Manjunath,
      Congratulations on the new job offer. Since it’s just 3-4 days you can settle them with your pending leaves or buy them with your per day salary.
      Do share if you have any questions
      I have another video about passing your probation successfully hope you will like it : czcams.com/video/rZvF8BdpHO4/video.html

  • @Ankalasaiabhishek
    @Ankalasaiabhishek Před 2 lety

    Madam, I'm a Telangana state government employee who is on probation, I want to apply for resignation but my higher official s are saying, you should give notice period of 3 months, can I buy out notice period to get immediately relieved?

    • @Careervues
      @Careervues  Před 2 lety

      @Abhishekk what is mentioned in your contract about notice period?
      Is there an option to buy out?

  • @suyogjawale1998
    @suyogjawale1998 Před 2 lety +2

    Hello Mam,
    I have a medical emergency in my family for which I want a early release from my current organization, but the Hr is denying saying that you have to serve 3 months of notice period, I had given my resignation mentioning my last day after 32 days and I'm asking for a replacement resource to whom I will train and give the project KT but the company is just making delay as my last day as mentioned in my resignation is coming near and after that I will not be available..So kindly guide me in the same..

    • @Careervues
      @Careervues  Před 2 lety +1

      @Suyog you have done your part by formally resigning. Now it’s about company’s acceptance. What is the reason they are not cooperating, what do they say about buy out or using pending leaves?

    • @suyogjawale1998
      @suyogjawale1998 Před 2 lety +1

      @@Careervues Hi Mam,
      Thanks for responding to my query so quickly. I have around 67 paid leaves pending, But the Hr is not ready to discuss or negotiate for my last day in the organization..I'ad asked her whats the sense in paying me for 2 months if will not be present in the company after say 32 days.. plz reply..What should be my next action ?? And should I inform the client at which premises I am deployed..??

  • @nainaagrawal624
    @nainaagrawal624 Před rokem

    Hello ma’am
    My notice period is 2 months and in my appointment letter there is no option of buy-out. But after discussion with HR they are asking ready for buy-out but on total salary but normally the buy-out process on basic. Is there is any law for buy-out

    • @Careervues
      @Careervues  Před rokem

      Hi Naina
      Buy out is calculated both ways gross salary excluding holidays or basic salary for remaining notice period.
      What does your HR has agreed upon?

  • @jaison.pokkathvareedvareed8546

    Thank you mam, my labor card expires nov 10 and my visa expires jan30 i given notice for resign before one month before visa expire is it ok

    • @Careervues
      @Careervues  Před 11 měsíci

      Do not ask them to renew your labor card. If they ask for it, try to buy time before resignation.

  • @lostsoul9904
    @lostsoul9904 Před 16 dny

    Hello maam ...need a help ...my manager have approve for early release but my hr is saying to serve 90 days notice period can you please suggest me someway and also he is not agreeing for buyout even we hv lieu policy

    • @lostsoul9904
      @lostsoul9904 Před 16 dny

      Even I'm on bench as manager hv released me from the project and hv confirmed over mail that he is okay with early release

  • @sunnydeb92
    @sunnydeb92 Před rokem

    Ma'am I am working in ABC company but in my offer letter the option to buyback is not mentioned anywhere and I have got an offer from another company but my notice period is 90 days but they need me to join by 30 days as they need immediate joiners otherwise my offer would ve cancelled. So what should i do now??

  • @nagarajpatil804
    @nagarajpatil804 Před 2 lety

    Hi madam I have 80+ PL I am in notice period 90 days notice period I have to serve but my reporting manager said if your taking any planned leave in time of notice period than you should extend the notice period is it black mail....?

    • @Careervues
      @Careervues  Před 2 lety

      @Nagaraj it is not black mail. Any leaves taken during notice calls for an extension of notice.
      Hope my answer is helpful.

  • @amitking1100
    @amitking1100 Před 2 lety

    mam Hr.do not agree to buyout also reporting boss..i have to do 90 days but my notice period section clearly witten either i have pay basic or 90 days so can i take any legal action?

    • @Careervues
      @Careervues  Před 2 lety

      Read your contract carefully. What is written about notice period. All companies do not allow buy out. What does your offer says?

  • @ArunK-gb5ef
    @ArunK-gb5ef Před rokem +1

    Madam I am in probation period in a insurance company after joining 9 days I put resignation.but not served 60 days notice period now company asking 2 months notice period pay out what should I do please replay. I not need any experience letter

    • @Careervues
      @Careervues  Před rokem

      Hi Arun,
      In this case you can simply ignore because an employee can leave during probation without or minimal notice. There is no need for service 3 months based on 9 days at work.

    • @ArunK-gb5ef
      @ArunK-gb5ef Před rokem

      @@Careervues Madam as discussed earlier comments today one notice received from company to pay the recovery amount of not served days notice period amount of 23622 with in 15 days.I not payed the amount any issue?. I not need any experience certificate from this company.kindly replay?

  • @Jinnexster
    @Jinnexster Před rokem

    How can I contact you , I want to show my appointment letter in that by out (liue on notice) mentioned but HR not ready to accept. They are saying its not like what you have understood. Please mam help me..

    • @Careervues
      @Careervues  Před rokem

      Hi there,
      I am based in Dubai.
      The companies generally deny the buyout option for employees. It’s sometimes mentioned in the contract that one can settle the notice payment only upon employers approval. I would suggest you to keep following up with them politely to get more clarity about your contract.

  • @salonipatil4600
    @salonipatil4600 Před rokem

    Ma'am in my appointment letter it is mentioned that during my probation period I can resign but I have to give two-month notice.
    I had just completed one month in this company. But now I got a better job opportunity & I have to join there within 10 days please guide maam what should I do?

    • @Careervues
      @Careervues  Před rokem

      Hi Saloni,
      Congratulations on the new job. The only way is to try and negotiate. Here’s a way to negotiate your notice period: czcams.com/video/XUzpimVwzos/video.html
      Let me know if you have any further questions.

  • @sonaligulati8929
    @sonaligulati8929 Před rokem

    Hi..in my current organisation notice period is 3 months..however i dont require any fand f and any experience letter from my curremt organisation..can i leave early @careervues

    • @Careervues
      @Careervues  Před rokem

      Hi Sonali,
      If you have worked with the organization for more than 6 months I recommend you get an experience certificate. If it’s been less than 6 months you can resign and request an early release from notice. This video might help: czcams.com/video/XUzpimVwzos/video.html

  • @abhishekdunkwal6922
    @abhishekdunkwal6922 Před 2 lety

    Hello mam,
    I have recently resigned from an organisation as I am getting a better career option, the joining date with the new organisation falls somewhat in the middle of my 30 days notice period, so roughly i can serve about 17 days. But, my present employer is not agreeing to pardon the remaining days. I have enough leave balance to compensate for the remaining days, the other organisation is agreeing to buy me out. But my manager and HR has stonewalled me into serving the complete 30 days. I have also referred to my offer letter, and they do have the option to pay in leu of serving notice. Please advise what needs to be done as it has happened twice and this is causing much grief.

    • @Careervues
      @Careervues  Před 2 lety

      Hi Abhishek,
      It’s your legal right to adjust your notice period with pending leaves or buy the remaining days.
      Send an email request to HR and your boss to understand on what grounds they are rejecting your early release.
      They cannot deny this adjustment as it’s mentioned in your contract, follow up by mentioning your last working day and ask what needs to be done before you leave.

    • @abhishekdunkwal6922
      @abhishekdunkwal6922 Před 2 lety

      @@Careervues Hello Mam,
      Ive tried doing that, they have stated that buyout is an option in case you dont have any responsibilities. But your present responsibilities wont allow us a buy in until or unless they are served in 30 days. Which doesnt make sense, because ill still be serving 17 days. I do plan to go to my organisations ombudsman, not sure if its gonna work out.

  • @sudhirbhosale4716
    @sudhirbhosale4716 Před 2 lety

    Hi ma'am your video is really helpful. I am facing the same problem like others and I am working with TCS. Does Tcs provide Buyout notice period if I resigned? They are telling me they do have provide Buyout option

    • @Careervues
      @Careervues  Před 2 lety

      Hi Sudhir
      Please check your employment contract or ask HR yo provide more details. You can get the right answers only through your company policies & procedures on buy out for notice period.

    • @prasadr3059
      @prasadr3059 Před rokem

      @@Careervues When I joined Tcs in 2013, notice period was 30 days. Now I resigned and wanted early release, but HR says no buy out option is available and wanted to serve 90 days notice period even though I am on bench. Can I say them that the offer letter which I signed in 2013 has only 30 days notice period and I have the right to get relieved in 30 days?

  • @kahwaifong5025
    @kahwaifong5025 Před 2 lety

    Hi, I have a query on termination of employment. If my contract stated: After completion of your probation period, either you or ABC Ltd may terminate this agreement at any time by giving 3 months' prior written notice to the other party. ABC Ltd may provide you with a payment in lieu of all or part of the applicable notice period.
    Does it means as an employee, I have the option to skip the notice period by paying 3 months of my salary to the employer in order for them to release me without serving my 3 months notice? This is because they only stated ''ABC Ltd may provide you with a payment in lieu .....'' and it doesn't mention ''either party''.
    Seek your legal advice on this. Thank you.

    • @Careervues
      @Careervues  Před 2 lety +1

      Hi there
      This means that you have an option to pay for the notice period to get an early release but upon company’s discretion. It’s depending on the company to allow you for an early exit by taking 3 months notice salary, they may refuse it as well.

    • @kahwaifong5025
      @kahwaifong5025 Před 2 lety +1

      Hi thank you so much. I understood now.

    • @Careervues
      @Careervues  Před 2 lety

      Your welcome anytime

  • @RRRR-ds2kt
    @RRRR-ds2kt Před 2 lety

    Hi mam, what is waive off notice period ? can employee no need to pay unserved notice period if manager/HR waive off notice period ?

    • @Careervues
      @Careervues  Před 2 lety

      Hi there,
      Waived off notice means exemption of employee from serving the entire notice period. There is no buy back involved when notice period is waived off by HR

  • @kumarkishlaysharma778
    @kumarkishlaysharma778 Před 2 lety

    Can I force my HR for buy out options as is mentioned in appointment letter?

    • @Careervues
      @Careervues  Před 2 lety +1

      You have to take professional approach. If it’s mentioned - employee can buy out but upon employer decision, you can’t do much.
      As first step understand your legal rights than Try to reach out to labor department in your city for advice.

  • @SathishKumar-le6qh
    @SathishKumar-le6qh Před rokem

    Hi, I am currently serving a notice period in my company but I am having another company offer where I have to join within 20 days so I gave 15 days from my resignation date. and the company terms in appointment letter either of one month or one month salary I am ready to buy out but still they are not releasing the acceptance letter. how to handle this please help

    • @Careervues
      @Careervues  Před rokem

      Hi Sathish,
      Follow up on a written resignation acceptance.
      Understand what are the next steps from HR by visiting them.
      Ask how your buyout will be calculated on basic salary or gross.
      If nothing works request your boss to help for an early release.

    • @SathishKumar-le6qh
      @SathishKumar-le6qh Před rokem

      @@Careervues thank you so much.
      HR is telling me to put sick leave for the balance for 15 days, but I am not okay with it.

  • @annusharma784
    @annusharma784 Před 2 lety

    Hlo mam, i am working in a company from last 1.5 year. Their is nothing mentioned in my appointment letter regarding notice period a part from this i hadn't signed any handbook/policy book. Now my HR told me that as i complete 6 months so i am confirmed employee and have to serve 45 days notice period otherwise she will deduct my salary. Plz help me .

    • @Careervues
      @Careervues  Před 2 lety

      As per labor law, a permanent employee has to serve the notice as per company policy.
      You can ask them about buy back options or any other early exit options that you can choose to reduce your notice period.

  • @memewallet8475
    @memewallet8475 Před 2 lety

    Hi mam please reply me unfortunately I thought i will be serving notice period for one month but it is three months …because of pressure and stress i am leaving my current organisation ... I just need to buyout the notice period..i said that i will be pursuing some higher degree…i am unable to stay here because of pressure…iam facing so much of stress and health problems..is there any possibility so that i can convince them?

    • @Careervues
      @Careervues  Před 2 lety

      If there is a buy out policy then only buying your notice period is applicable.
      There are many factors to take in consideration:
      How long you have worked for the company- if less than 3 months leaving is easier
      How supportive is your boss or HR in buy out?
      What action company can take against you if you don’t follow protocols?
      What documents you need for future employment?
      But above all priory must be given to your health & well being.

  • @rishikeshs6398
    @rishikeshs6398 Před rokem

    Hi, i am currently working with 'x' company and in offer letter it written that (your employment with the company may be terminated by you upon giving the company 3 months written notice or at company's discretion, payment of gross salary in lieu of notice) do i hold any right to buy out my notice period? This is urgent as i have already put down the papers and no one even manager as well as hr is cooperating with my questions

    • @Careervues
      @Careervues  Před rokem

      Hi Rishikesh,
      As per above mentioned details- Yes you are eligible to buy out but approval depends upon the employer.

    • @rishikeshs6398
      @rishikeshs6398 Před rokem

      @@Careervues that means i am screwed, thanks for the reply though i am glad to hear from an expert opinion.

    • @Careervues
      @Careervues  Před rokem

      Your welcome Rishikesh,
      In case they allow you to buy out the calculation would be on gross salary not basic FYI

  • @prajeshjain10
    @prajeshjain10 Před 2 lety

    Is it compulsory to serve notice period If notice period is not mentioned in offer letter ?

    • @Careervues
      @Careervues  Před 2 lety +1

      Hi @prajesh
      It is not compulsory to serve notice unless clearly stated in the employment contract.

  • @luitkeot207
    @luitkeot207 Před 2 lety +1

    Hi ma'am,
    My org have 60 days NP mentioned in the offer letter with no mention of buyout section. But when I checked in my exit tool portal, it was showing 30 days NP. Currently I am with this org for less than 6 months(Maybe due to probation but no mentiin of it in offer letter).
    I have resigned from the org stating that I can serve only 30 days NP as mentioned in the exit tool portal.
    But I am getting pressure from my org to serve 60 days NP. They are saying there is no option of reducing NP in any way be it buyout. Further I will not be provided relieving letter and experience letter.
    My new offer will also be invalid if i can't join within an month. Please help in this situation, I will be very grateful.

    • @Careervues
      @Careervues  Před 2 lety +1

      Hi below is my response:
      Please do not take the pressure of serving 60 days when your employee portal says it to be 30 days.
      Talk to future HR and ask them what documents they need.
      2-3 days before completing 30 days notice send an email that your last day would be ___ and ask about the exit handover formalities.
      Your employer is trying to take advantage, follow written probation notice. They cannot do anything.

    • @luitkeot207
      @luitkeot207 Před 2 lety

      @@Careervues thank you ma'am for your prompt reply. Probation clause is not mentioned on offer letter.
      Also ma'am, if I don't get relieving n exp letter from current org, will it cause problems while joining in other future org since they require whole employment history docs.

    • @Careervues
      @Careervues  Před 2 lety

      Why don’t you ask for the release documents from HR?
      It’s your right and they cannot deny it. Ask and Review your company policies for employees who resign during probation. (FYI 6 months with 3 months extension is the maximum probation - even if not mentioned in contract)

    • @luitkeot207
      @luitkeot207 Před 2 lety

      @@Careervues I will ask for the same. Thanks again ma'am

  • @YY-fj9yl
    @YY-fj9yl Před 2 lety

    Hi ma'am, could you advise me regarding notice period reduction.
    My notice period is 3 months but i want to get relieved within 2 months but when I asked manager for reduction/buyback but he is not ready and when I mailed hr she said talk to manager but he has already said no what to do btw I am a fresher n am in company since 5 months but i am not on probation period and have resigned for my post grad education. Pls advise on what to do..

    • @Careervues
      @Careervues  Před 2 lety

      In my opinion you should politely follow up to understand the reason for declining to reduce your notice. Watch these videos TIPS FOR NOTICE PERIOD NEGOTIATION EMAIL - TEMPLATES INCLUDED
      czcams.com/video/BllVJq1gwBA/video.html

    • @Careervues
      @Careervues  Před 2 lety

      Consequences of NOT Serving the Notice Period - How to Reduce 3 Months Notice Period
      czcams.com/video/aCQAAOxDzgw/video.html

  • @artimoholkar8654
    @artimoholkar8654 Před rokem

    Hi Mam...I need ur expert guidance...I have signed bond which gets completed on 20th January,2023...If I resign on 01st November,2022 and serve my notice period of 3 months,do I have to pay bond amount?

    • @Careervues
      @Careervues  Před rokem

      Hi Arti,
      First you need to check if A notice period is a mandatory requirement in your case. If yes, I am not sure if company would except the resignation before completing the bond.
      Buying your notice is the last thing to be concerned, Incase you are eligible to do so.
      Get your answers from HR and make an informed decision.

  • @swadeshsritam3492
    @swadeshsritam3492 Před 2 lety

    Hello Ma'am , just have a doubt . I had put my resignation and served a minimum of 1 month notice period out of 3 months and I paid the buy out amount for the rest 2 months , now will I eligible to get my service certificate ?

    • @Careervues
      @Careervues  Před 2 lety

      Hi Swadesh
      If you have bought your notice, it definitely makes you eligible for all kinds of mandatory exit documents to start your new contract smoothly. You can Write an email to HR for the complete understanding of the timeline for exit process including final settlement, release letter and experience certificate.

    • @soni7338
      @soni7338 Před rokem

      Did You paid the whole salary or just the basic salary?

    • @Careervues
      @Careervues  Před rokem

      It depends on the company, some companies do it on basic salary others calculate it on gross.
      Best way to find out is to ask your HR.

  • @funfactor6825
    @funfactor6825 Před rokem

    Should I pay for buyout first and claim in new company ?
    What documents are required to claim it from new company ?

    • @Careervues
      @Careervues  Před rokem

      Hi there,
      Please be informed not all companies support the buyout. It’s best to ask your new employer what are the terms if they buyout your notice period for you.

  • @shaikshoaib2680
    @shaikshoaib2680 Před 2 lety

    Hi maam... I got warning letter from xyz company regarding quitting of my job... Hence they are asking me to pay 48000 amount ... What should i do now? Suggest me ma'am

    • @Careervues
      @Careervues  Před 2 lety

      What warning letter?
      They cannot warn you asking for money. Please explain your situation.

  • @AbcdAbcd-uh9kw
    @AbcdAbcd-uh9kw Před 2 lety

    What if the employer is not agreeing buy out.what can we do.

    • @Careervues
      @Careervues  Před 2 lety

      As first step check your legal obligations. If it’s not mentioned in the contract, one cannot buy out. If the problem is from employer you can complain against them (if nothing else works).

  • @ratnajitmukhopadhyay5245

    Hi ma'am,
    I resigned from my job on 10th of November mentioning notice of one month upto 8th December. I am a permanent employee serving my 3rd year in the company. I work in the lighting industry. There is a provision of buy back. However, my managers are asking me to serve more than 1 month and stay upto 31st December. Should I contact my current company HR as I want to buy out my notice period.

    • @Careervues
      @Careervues  Před 2 lety

      You are not obligated to buy any notice in above case. You are serving a month’s notice ( I assume it’s mentioned in your contract).
      Your manager is unethically asking you for extension. Politely request him that you can’t do it as you have your joining in the new organization.

    • @ratnajitmukhopadhyay5245
      @ratnajitmukhopadhyay5245 Před 2 lety

      @@Careervues Maam the mentioned notice in my current company offer letter is 3 month but a buy back option is also available. I mailed that I can serve upto 8th December but they are insisting to serve upto 31st over phone and no written communication. Please help. I agreed to serve notice from 10th November to 8th December.

    • @Careervues
      @Careervues  Před 2 lety

      @Ratnajit if mentioned in your employment contract you have every right to buy back your notice. Keep insisting on the buy back :
      ask for a response on an email
      Attached a screenshot of the contract but back clause in the second email.
      Keep communication formal and written.
      Inform the future HR that you are trying to buy back notice period and will keep them posted.
      Let me know how does your communication goes and I shall advice further.

    • @ratnajitmukhopadhyay5245
      @ratnajitmukhopadhyay5245 Před 2 lety

      @@Careervues Hi Ma'am, now my reporting manager now gave a date upto 31st December. The new employer had given me joining date of 10th December however they said they can delay it by 5 days. Should I now say them I want to buy back the notice in mail. Please help.

    • @Careervues
      @Careervues  Před 2 lety

      @Ratnajit please read my previous message again. I asked you to send an email attaching the screenshot. If you get no response or they are not ready the last resort is go on an emergency leave and do the settlement later.

  • @chethankumar7036
    @chethankumar7036 Před rokem +1

    Thank you so much mam for this clear video :)
    I have One question,
    can I buyout while serving the notice period, I have 21 days leave balance and 2 months of notice period need to serve
    pls, suggest this.

    • @Careervues
      @Careervues  Před rokem

      Hi Chethan,
      Yes sure you must talk to HR for settling notice against leave balance and check what are the buy out options.
      Make sure you read your contract before doing so.

  • @jananijanu346
    @jananijanu346 Před rokem

    Hi right now I am maternity leave.. another 20 days going to finish maternity leave..i am planned to resign job.. because want to take care of my baby..my baby is 4.5 months old only.. requested to HR..but HR not accepted my request... They said that come to office 90 days and complete 90 days notice period.. mother feed is important for next 2 months and baby already in underweight.. that's why I am planned to resign..how to go to office..for do work..why HR people not understanding this 😭

    • @Careervues
      @Careervues  Před rokem

      Hi there
      As per labor law you cannot resign while being on any kind of leave.
      You must finish your maternity leave, visit your office and submit your resignation in person.
      Whatever notice is applicable as per your contract you may find ways to settle that with HR. If you don’t want to serve notice there should be a way, as you have already been away for long for your maternity leave.
      Let me know if you have any concerns.

  • @rasikjain8564
    @rasikjain8564 Před 2 lety +3

    During the Probation Period, you or Company may, terminate the employment by providing 1 month’s prior notice ("Probation Notice Period”) without assigning any reason, whatsoever. Company reserves the right to make or recover an equivalent payment in lieu of the applicable Probation Notice Period, after the same was conveyed in writing by either Party.
    this is there in my appointment letter.
    i asked my hr for buy out my notice period. he said no and you have to serve 30 days notice. what shall I do madam?

    • @Careervues
      @Careervues  Před 2 lety

      Hi Rasik
      For sure you are entitled to buy out your notice period as stated in your employment contract. HR is declining it unethically. Talk to your manager or anyone from HR whom you think could help you to negotiate an early exit. Let me know what they said, I shall suggest you accordingly.

    • @sudhirpol1895
      @sudhirpol1895 Před 2 lety

      My HR saying that, option of giving the buyout option is depend on the organisation and it is not depend upon employee, I am trainee but still they are not giving me the option for buyout

    • @rasikjain8564
      @rasikjain8564 Před 2 lety

      update: I have talked to hr and made a deal. I will complete project even after leaving company you give me my resignation acceptance now and post completion of project give me my relieving letter. he said ok.

    • @Careervues
      @Careervues  Před 2 lety

      That’s very nice @Rasik I am glad that you found a mid way solution for a smooth exit process. Best of luck!

    • @Careervues
      @Careervues  Před 2 lety +1

      @Sudhir it’s not true that only employers can decide about the buy out. There is no law like this. You are in your early career don’t be concerned about such Management. If you have a job and leave the company by going on an emergency leave.
      Ask new HR what documents they need from your training. If there is nothing crucial plan to leave, the employer can’t do much to stop you.

  • @divenshah
    @divenshah Před 2 lety

    Hello, My Offer / Appointment letter has two months notice. The HR has recently circulated email change in notice past two months ago which many of the employees haven't received and i am one of them. In between i have accepted an offer where i have committed 2 months notice but now the current boss is not accepting my 2 months notice and stuck up on 3 months can anyone suggest here.

    • @Careervues
      @Careervues  Před 2 lety

      Hi Diven,
      As per the labor law a signed employment contract by both parties makes the terms and conditions legitimate.
      Sending an email for increased notice doesn’t mean employee acceptance on a legal contract.
      You can serve the 2 months notice and decline any extension. Employer cannot take any action against you. If they trouble you for EOS documentation, you can file a complaint against them.

    • @divenshah
      @divenshah Před 2 lety +1

      @@Careervues Thank you for quick response.

    • @Careervues
      @Careervues  Před 2 lety

      Your welcome 😊 stay tuned to Careervues

  • @BumbleBeeOrganics
    @BumbleBeeOrganics Před 2 lety

    Hi Mam,
    I have a notice period of 60 days
    I have served 32 days of notice period.
    And I told the HR I can only serve the notice period for 44 days, and for remaining 16 days I'm choosing payout option.
    I have completed the KT process
    But HR denies buyout option saying KT is not Done,
    And when I spoke to Manager to send an email about KT completion he said he won't do it, and the reason he gave was Client was not informed about my resignation.
    I have proofs of documents for KT completion.
    They are threatening me saying "you want to leave the organization without the documents".
    These threats they are making verbally, but not through official email.
    I'm really not feeling well, and my mental health is getting affected becaus of this torture, I can't sleep also.
    I watched your video on youtube. so I though I can ask for the help.
    Please suggest me how I can proceed?

    • @Careervues
      @Careervues  Před 2 lety +1

      Hi Bhaskar
      I am sorry for the situation. Your company seems to be playing mind games.
      Send them an email ( marking whoever needs to be involved) the content should be :
      -Your resignation date and last working day
      -Your eligibility for buy out for the no. Of days, make sure to ask for final calculation.
      - Your handover assistance completed ( if required create an excel sheet and attach for reference)
      - Request release documents in written
      If there’s no response, send another email on the same thread stating that you will involve labor department.
      Here’s a video on how to do it : czcams.com/video/xeZN4e3PbHw/video.html
      Hope it works 👍

    • @BumbleBeeOrganics
      @BumbleBeeOrganics Před 2 lety

      @@Careervues Thanks mam... It really helped... I sent an email asking for calculations and mentioning the last working day.. But they sent an email saying they will need analysis on the KT that was given by me, so for that they said they will release the salary after 30-60 days.

    • @Careervues
      @Careervues  Před 2 lety +1

      That’s a positive sign Bhaskar, do provide them what ever is required ( again if needed) hope things get resolved quickly.

  • @samvtiger9892
    @samvtiger9892 Před 2 lety

    sir i had joined a banking co after 5 days of training i decide to leave the job because i am not fit in 12 to 13 hours job so i give resign and i have to study CS but even i not want serve the notice period of 1 month i told with area manager and the BM to not able to serve . in this situation what option i have 1) pay the notice period amount or 2) avoid , kindly suggest me

    • @Careervues
      @Careervues  Před 2 lety +1

      No need to serve notice for 5 days at work. Simply move on.

    • @samvtiger9892
      @samvtiger9892 Před 2 lety

      @@Careervues but mam Branch manager said to me that he will mark as absconding and I already give resignation mail to him , are manager and hr . They force me to serve 1 month compulsary notice period in physical . What to do I will go for buy out option or not . Please help me mam

  • @ayushbhatnagar9428
    @ayushbhatnagar9428 Před 2 lety

    Hello ma'am, thanku so much for this video, it is so helpful.
    Ma'am actually I have joined an organization in November 2021 and due to my family issues it's not possible for me to serve the notice period which is of 3 months.
    I can give only 15 days to my employer and for the rest one I'm ready to do buy out.
    Ma'am could you please suggest me how to approach to my employer and ask for buyout and release me ASAP and what if they won't agree so in that situation what should I have to do?

    • @Careervues
      @Careervues  Před 2 lety +1

      Hi Ayush,
      As a first step check your eligibility for buy out.
      You can write an email to HR of your company keeping your boss in Cc - request them for early release through buy out.
      Additionally understand from HR how buy out of notice period is calculated and EOS documentation to be completed.
      I hope it works, best of luck!

    • @ayushbhatnagar9428
      @ayushbhatnagar9428 Před 2 lety

      @@Careervues thanku ma'am

  • @tinku5970
    @tinku5970 Před 2 lety +1

    Hello Mam,
    Mam mera notice period 3 month ka h or buyout with basic salery wala option b h.
    Mam mene 7feb 2022 ko resign dya h aur usme mention kiya h ki m 15 din baad company se exit kr dunga last working day 21 feb hoga aur m buyout k lye tyyar hu.
    but mam mera resign to accept kr lya lkin Reliving head or HR mam n bola h 3 month rukna hoga appko ongoing project ko dekhte hue.
    Mam ab mujhe kya krna chye mene sb trha se request kr li but vo nhi maan rhe.
    Kya mujhe 21feb se company jana bnd kr dena chye ? ya kya krna chye.
    Mam Please help me.
    Mam Please apna suggestion btaye.

    • @Careervues
      @Careervues  Před 2 lety +1

      Hi Yash,
      You must follow your company policies, if it’s written that buyout option will be applicable based on company’s decision- you can’t do anything.
      Talk to your boss to support you for an early exit, ask him how you can help the department for an early release. Maybe your supervisor can talk to HR for you. After all the decisions are all inter connected between departments HR & finance.

    • @tinku5970
      @tinku5970 Před 2 lety

      @@Careervues thankyou Mam for your valuable feedback

  • @SonuKumar-no3us
    @SonuKumar-no3us Před 11 měsíci

    Thank you for sharing this, but mam I have a question what if company is not giving salary in the entire notice period -90days. Is there any thing we could do. One more question do we pay in buy out a basic salary or full salary as per India Employees Law. Please help me with these questions.

    • @SonuKumar-no3us
      @SonuKumar-no3us Před 11 měsíci

      Is there any information on this if you could share that would be great

  • @rakeshK969
    @rakeshK969 Před rokem

    I got released from my project. i am under pdp now. I need to join new organization in 20 days. Can i get early release from my company in this situation. can you please help me how to convince my hr and manager regarding this.

    • @Careervues
      @Careervues  Před rokem

      Watch this video for negotiating notice period; czcams.com/video/XUzpimVwzos/video.html

  • @maheshcreations3912
    @maheshcreations3912 Před 2 lety

    Thank you for this video.
    Can we join new organization with resignation acceptance letter?

    • @Careervues
      @Careervues  Před 2 lety

      Hello Mahesh,
      Thanks for the positive feedback on my videos.
      It depends on the company’s requirements what documents you need to submit. Some examples are :
      Reference letter
      Payslips
      Release letter
      Kindly ask your employer for their joining documentation requirements.

    • @maheshcreations3912
      @maheshcreations3912 Před 2 lety

      @@Careervues Thank you for your prompt response.
      I got resignation acceptance letter from my previous employer . They didn't give me a proper relieving letter. They are not responding to my calls & mails.
      So my question is, will new employer accept this resignation acceptance letter as a proper relieving letter?

    • @Careervues
      @Careervues  Před 2 lety

      Hi Mahesh
      Again it depends on the company. Very few organizations are ok to take resignation acceptance and make employees start.
      But some companies follow a list of documents before proper onboarding.

    • @Careervues
      @Careervues  Před 2 lety

      It’s best to ask your new employer, what is needed before joining.

  • @arikrishnan6793
    @arikrishnan6793 Před 2 lety

    My friend selected in one company they ask to join within 1 month but as now working company they told to work 3 month then leaving even he ready to give 3 month salary for this notice period they not accepting even follow up with HR almost 15 days new company they ask him to join with in a month how to relive mam any legal options is available to leaving immediately pls support my friend carrier will spoiled kindly need valuable feedback from you

    • @Careervues
      @Careervues  Před 2 lety

      Hi Krishnan
      First thing is his eligibility to buy the notice period. What does his contract says?
      Did he told during the interview that he has 3 months notice period and is still being pressured to join in one month?
      Check politely with current HR if you can buy out the notice and what will be the calculation. Ask for Support from your manager for having an early exit. Hope things work out well.

  • @mamathasilveri2191
    @mamathasilveri2191 Před 2 lety

    Hello Careervues,
    Thank you for this informative video. I'd like you to help me with my situation. I have resigned from my current company on 30 November 2021 with the reason being higher studies and, I'm currently serving my notice period. According to the company's contract, I have to serve 3 months. My project will end on 31st Dec and I will be on the bench later on. I have asked my HR for early relieving as the College's DOJ is Jan 10 th and he is okay to relieve but he is asking me to pay the notice period recovery for 2 months(i.e for remaining days). I did not manage to get a visa slot yet due to the huge F1 visa application traffic. I was expecting that my final settlement would help in smooth onboarding in my career advancement. If I pay the notice period I will be left with no salary when I leave the organization. I have requested him but he is not willing to waive the remaining notice period. I'm not sure how to negotiate with HR. Can you please help me with this situation?
    Thanks in Advance.
    Regards,
    Mamatha Silveri

    • @Careervues
      @Careervues  Před 2 lety

      Hi @Mamatha
      If you are abide by 3 months notice period clause in your contract, you are obligated to either serve it, settle it with leaves or buy back.
      If you are at an early career and do not require experience letter going on an emergency leave is an option.
      Otherwise check your contract thoroughly if the company has the right to retrieve notice amount, ask HR to help you with the policy or contract clause that states - you have to pay if you don’t serve notice.
      If you are unable to find anything substantial, the company has to relieve you.
      Let me know how it goes.

    • @nivasnivi
      @nivasnivi Před 2 lety +1

      Exactly same to same my situation

  • @bidyadharsankhua8898
    @bidyadharsankhua8898 Před 2 lety +1

    Hii Madam , need your help !
    In my appointment letter there is a clause " This appointment can be terminated by giving three-month notice on
    either side or payment in lieu of shortfall in this notice period " they haven't mentioned any specific amount to buy out notice period . And my current condition requires me to buy out my notice period. But my management isn't responding to any of my calls/emails regarding to say me clearly about buy out amount. Kindly suggest something what to do in this situation ? Please Madam help

    • @Careervues
      @Careervues  Před 2 lety

      Hi there,
      Firstly- Your company has clearly mentioned in your appointment letter about buy back option Incase you are not able to serve the complete 3 months notice period which is good.
      Second- To buy back notice generally per day salary is given by the employee in lieu of working days remaining for the notice period (excluding the weekends and public holidays).
      Third- Make sure to adjust any of your pending leaves to reduce the notice if possible.
      Lastly, you can request your company/ HR for a buy back calculation from their side through an email. Based on which you can settle the early release from notice period.
      Let me know if you have any questions.

    • @bidyadharsankhua8898
      @bidyadharsankhua8898 Před 2 lety

      @@Careervues Madam generally have to per day salary means is it the basic salary per day or total monthly CTC/30days ?

    • @Careervues
      @Careervues  Před 2 lety

      Buy out is calculated on the gross per day salary ( not on the basic) To start the process, the employee needs to find out the amount paid to the current company for relieving form the accounts or the human resource department based on the company’s policies. So it’s crucial that HR communicates everything in written.

    • @bidyadharsankhua8898
      @bidyadharsankhua8898 Před 2 lety

      @@Careervues mam , thanks for your valuable information . Two last question from me . Can this buy out amount be settle against my FNF ; if my FNF amount will be very much high(as i know) ?? My current HR team and reporting manager aren't replying to my resignation mail & to my reminder mail and calls for exit proces and reliving . What to do ??

    • @Careervues
      @Careervues  Před 2 lety

      Using FNF for settling the notice varies on company to company. Unless your HR respond I cannot say if it could be done.
      Regarding their non response, keep writing emails with polite reminders on the same thread. Attach a screenshot of your contract stating about your notice period buy out. Try visiting HR and talking to them in person, ( do not call as there will be no proof of follow up) If they do not respond gather your documents and be ready to reach out to file a labor complaint.

  • @clintondias3880
    @clintondias3880 Před rokem

    Wat if they don't accept resignation letter then wat should be done

    • @Careervues
      @Careervues  Před rokem

      It is normal for companies to deny resignation as they see a lot of work for them but here are some ways to negotiate further: czcams.com/video/oyUwX_VSJEY/video.html
      Hope it helps you!

  • @titumama8195
    @titumama8195 Před 2 lety

    Hello Maam...I have recently emailed my resignation on 10th dec and requested my AVP, VP and HR Manager to give me early exit as my new employer wants me to join by 24th Jan 2022. The issue is my AVP and HR manager have clearly said that early exit is not possible but VP said that can't promise but will come back..still after so many days my VP is not responding to my messages. Also I have nothing much in terms of knowledge transfer or handover to my subbordinate. Seems that they are forcing me to serve the full 90 days notice period which I cannot do as I am desperately looking forward to join the new organization as they are ready to pay for my notice period. All this cahos is leading me to depression. Please advice should I go the legal way.

    • @Careervues
      @Careervues  Před 2 lety

      Hi there,
      Few things are important to advise you further -
      Did you clearly mentioned that you wanted to buy out the notice period?
      What is the company policy in exit process?
      What is mentioned in your employment contract for resignation?
      Kindly review these and hopefully you will find answers. After checking these things let me know if you need any guidance.
      Best of luck!

    • @titumama8195
      @titumama8195 Před 2 lety

      @@Careervues Maam...I have an old appointment letter which has 1 month notice, since I got promoted in Aug 2021 so the notice period has changed to 90 days with all other policies and agreements staying the same. My appointment letter does not say in lieu of but it says company has rights to recover damages if there is a shortfall in notice period and will also not provide any relieving letter if the shortfall is not approved. Also I would like to mention that I have clearly stated in my email that I am ready to payback my notice period.

    • @Careervues
      @Careervues  Před 2 lety

      Since you have already tried talking to the management, consider doing below -
      try one more time to assist in whatever way you can in order to get an early release.
      If it doesn’t work you have to leave without EOS benefits.
      Ask future HR what are the documents required from their side, gather the documentation and leave.
      Company might declare you absconding be prepared for the sake of new job.
      Ask a lawyer for advice, see if you can go legal in your situation & take a call.

    • @titumama8195
      @titumama8195 Před 2 lety

      @@Careervues thanks maam for having a word...finally after having a discussion with my leadership, my early exit has been approved.

    • @Careervues
      @Careervues  Před 2 lety +1

      That’s great news, I am happy to know that all went well. Hope you have a great new start!

  • @sindhumathi-wh7jl
    @sindhumathi-wh7jl Před rokem

    Mam..please guide me..I want service my notice period 90days because as of now i didn't get any new offer..at the time of raise my resignation i convey this situation to my boss through mail but he accepted on immediate basis and mention to last working day within the month....what to do???
    Plz guide me mam..

    • @sindhumathi-wh7jl
      @sindhumathi-wh7jl Před rokem

      And how many month salary i will get in my settlement period mam??

    • @Careervues
      @Careervues  Před rokem

      Please clarify your question. Your manager accepted immediate release so what’s the problem?

    • @Careervues
      @Careervues  Před rokem

      The days you have worked will be paid in full

  • @surajnawale1715
    @surajnawale1715 Před 2 lety

    Hi Maam In my appointment letter it is mentioned my notice period will be 1 month but they have added one more claws saying "All other standard and general rules, practices and policies of the Company as existing now and which may be amended from time to time will be applicable to you and you will be expected to abide by the same" now they are asking me to serve 2 months notice period. Is it fair? They never intimated me the changes in the policy. Please guide me. Thank you.

    • @Careervues
      @Careervues  Před 2 lety

      Hello Suraj,
      You are legally obligated to serve one month notice period only. Change in policies are to be shared with employees and contract changes are to be signed by both parties to make them acceptable. They cannot force you for an extension of another month if you have not signed any amendment.

    • @surajnawale1715
      @surajnawale1715 Před 2 lety

      @@Careervues hi ma'am thank you very much for the guidence.

    • @Careervues
      @Careervues  Před 2 lety

      Your most welcome

    • @surajnawale1715
      @surajnawale1715 Před 2 lety

      @@Careervues they are still not agreeing and asking me to serve 2 months notice period. Please guide me what should I do?

  • @dextermorgan8516
    @dextermorgan8516 Před rokem +1

    If there is a claw in the offer letter that "salary in lieu of notice period can be paid by either party"
    Can employee has the right to buy our notice period?

    • @Careervues
      @Careervues  Před rokem

      Hi Dexter,
      For sure an employee can demand to buy out the notice by paying for the unserved notice days but some employers put a clause: applicable only upon management’s/ employers discretion. So do check if something like this is mentioned in the contract.

  • @venkataramanamodugu910

    Hi mam
    I have worked in bpo sector for 2 years and planning to move to IT sector as a fresher . My current employer notice period is 60 days but my new employer joining date is within one month. They are not ready to give an early exit. I can be able to serve for 30 days. Will the new employer ask the relieving letter? Caz i am joining as a fresher
    Kindly help me on this

    • @Careervues
      @Careervues  Před 2 lety

      No Venkata, as a fresher they should not ask for a relieving letter. Feel free to start a fresh career journey.
      Best wishes

    • @Careervues
      @Careervues  Před 2 lety

      The reference check will be done, it’s better to ask new HR if they need any information/ documentation from you before joining ( just to be sure)

  • @vidyasagar3186
    @vidyasagar3186 Před 2 lety

    Hi Medam,
    I speak with my manager with early release he is ok with buyout option .so I accept new job but suddenly HR is not discuss properly they are telling we are not entertaining early release they approve my resignation with 3 months notice .I donot know new company will extend my joining or not.Please guide me how to reduce notice period in my old company

    • @Careervues
      @Careervues  Před 2 lety

      Talk to your manager to support you and write an email to HR by copying your manager requesting to reduce your notice based on the verbal agreement. Your manager and HR need to coordinate with each other on this matter and help you.

    • @vidyasagar3186
      @vidyasagar3186 Před 2 lety

      I already email to hr manager they are telling hr decision is final we will not consider manager decision we will not allow early releases

    • @Careervues
      @Careervues  Před 2 lety

      If your contract has a buy out option you can reason with HR to settle your notice but if there’s nothing mentioned then you have to follow what the company policy says. Review your employment contract throughly.

    • @vidyasagar3186
      @vidyasagar3186 Před 2 lety

      Contract buyout option available but hr is not agreeing

    • @Careervues
      @Careervues  Před 2 lety

      In this case HR cannot legally deny the early exit in lieu of payment. please take an advice to approach labor department. HR is denying your rights on unethical grounds.

  • @soumyadipmajumdar4306
    @soumyadipmajumdar4306 Před 2 lety

    In my appointment letter notice period is not mentioned. So should I bound to serve notice period?..

    • @Careervues
      @Careervues  Před 2 lety

      Hi Soumyadip
      Is your company asking you for serving the notice?

    • @soumyadipmajumdar4306
      @soumyadipmajumdar4306 Před 2 lety

      @@Careervues First of all Thank you for your reply. actually I didn't receive the offer letter yet. My new company's hr told me that probably next weak I will get the offer letter. So after that I will resign and I joined my current company only 4 months back and project started only 2.5 month back.

    • @Careervues
      @Careervues  Před 2 lety

      @soumyadip in this case first you must know if you are on probation or a permanent employee. Generally on probation no notice is required but it’s different for permanent employees. Hope you get you offer well and have a smooth workplace transition without any notice period. Let me know if you have any questions. Check out my exit process playlist for any relevant videos. All the best!

  • @naveenfriendly9660
    @naveenfriendly9660 Před 2 lety

    Hi Madam,
    I have resigned from my job in my current company I have to serve 3 months notice period, but I have to join in my new company 10 days before (within 80 days) . I asked my manager and HR for early release (10 days early release ) Iam ready for buy outs, but they are not agreeing for that, they wants me to serve 90 days notice period but I can serve only 80 days. What should I do now... I have 23 outstanding leaves balance, but they are saying Iam not eligible for leaves during my notice period. How can I use my outstanding leaves for 10days early release? Or is there any other possibilities for early release... please help me

    • @Careervues
      @Careervues  Před 2 lety +1

      Hi Naveen,
      They are playing games. 10 days is nothing much for your employer to agree.
      Ask them for a settlement through accrued leaves ( it’s legal to do so, if you have pending leaves) or check your contract about resigning & buyback notice and approach them in accordance.

    • @naveenfriendly9660
      @naveenfriendly9660 Před 2 lety

      @@Careervues Thanks for your suggestion 🙏

    • @Careervues
      @Careervues  Před 2 lety +1

      Your welcome, best of luck!

  • @nagaraj-ib4sx
    @nagaraj-ib4sx Před rokem

    Hii actually my FTC is getting expired on 27th of this month the employer is ready to confirm me and give increment. But still I don't want to continue with the same company so is there any completion to serve notice period even after the contract period! As i mentioned before

    • @Careervues
      @Careervues  Před rokem

      My answer would depend on - if you have another job or not?

    • @nagaraj-ib4sx
      @nagaraj-ib4sx Před rokem

      @@Careervues yes I have a offer letter

    • @Careervues
      @Careervues  Před rokem +1

      Hi Nagaraj,
      Since your contract is getting over, you must inform HR that you don’t want to renew it because you have another job. Generally there is no notice in case of limited contract but some companies do mention in the contract that it’s mandatory for leaving employee to complete certain notice for handover to the replacement.
      Check your contract and assist with exit formalities following an email to HR with all the points about smooth exit.

    • @nagaraj-ib4sx
      @nagaraj-ib4sx Před rokem

      @@Careervues they have made a new contract effective from 1st September 22 without my knowledge and also they are cornering me by telling that i will they will not issue my experience letter.

    • @Careervues
      @Careervues  Před rokem +1

      Hi
      If you have not signed the new contract that’s a void contract without employees acceptance. Stick to your communication through an email that the contract that is expiring on 27th September you don’t want to renew it and request for your experience letter. Company can’t do much in this case and you can share the same email with your new employer if needed in the future.(to prove that you are awaiting experience letter)