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Author Topic: Notice Period Buyout Calculation  (Read 268 times)

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Offline talk2ashishm

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Notice Period Buyout Calculation
« on: August 31, 2017, 08:40:33 AM »
Hi All,

I am currently working in private IT organization and its only 2.5 month as of now. Notice period in company is 3 months if with client and 2 months if on bench.  Due to Medical issue of my wife, I requested for medical leave. this happened when i was with client but client requested for my replacement.  In offer there is no stmt regarding buyout calculation ,on which salary it will be calculated.
Thy gave me serve the notice period or go for buyout . AS per the offer letter, Buyout calculation details  not there in any clause.
So, since its pvt org, thy can calculate the amount on their own . So I have below option :
1. how company will calculate notice period amount if the calculation details like based on basic or gross salary is not mention in offer letter.
2. since with client i got medical issue nd requested for medical leave and client asked for replacement. so it sud be 3 or 2 months ?
2. if the company calculate on gross salary, how can i negotiate or tackle them
« Last Edit: August 31, 2017, 08:46:36 AM by talk2ashishm »

 

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