A notice period is the amount of time an employee has to work for his employer after employee notifies employer on his resignation or the employer notifies the employee on termination of his employment, or in other words, a notice period is the amount of time an employee has to work for his employer after either the employer or the employee notifies the other party to terminate the employment contract.
When you sign an employment contract with a company, the contract usually mentions two different notice periods; a notice period on resignation and a notice period on termination.
1. Notice period on Resignation
Notice period on Resignation is the time range between date of resignation and date of leaving the company.
2. Notice period on Termination
Notice period on Termination is the time range between date of officially informing the employee on termination and the employee’s last day at work. Employers usually give employees a fair notice period or a pay in lieu if they ask the employee to live immediately.
Employee’s responsibilities during the notice period
Employer’s responsibilities during the notice period
Frequently Asked Questions
What is the usual notice period in India?
In India, the notice period varies from seven days to three months depending on the employee’s designation and the employment tenure. The duration of the notice period is normally specified in the employment contract.
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