tag:blogger.com,1999:blog-3623132.post116420361813632232..comments2024-03-21T14:54:29.876+05:30Comments on Exploring The Future of Work : Notice period debatesGautam Ghoshhttp://www.blogger.com/profile/04691216163099240523noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3623132.post-1164540166931764132006-11-26T16:52:00.000+05:302006-11-26T16:52:00.000+05:30Hello Sir,Just read your veiws on the notice perio...Hello Sir,<BR/><BR/>Just read your veiws on the notice period debate that is a very real issue faced by all the people in the industry day in and day out. I personally also had a not so pleasent experience as an employee. My past company (one of the biggest and oldest HR firm's in the world) changed its notice period policy couple of months back, previously the notice period was 30 days (or one month of "basic" salary in lieu) to 90 days (or 3 months gross salary). This was there way of preventing attrition, but with the IT industry boomimg, it hardly had any affect on the employees coz now when negotiating with the next company they also convinced them for a buy-back of the notice period. So practically it was no botheration at all for people switching jobs. However, this became an issue for people who had to quit for other reasons (personal, higher studies..). Like in my case, when I had to leave for my PGDBA course I had to do away with more than a month of my gross salary, my entire leave balance and some extra amount that I had to pay from my pocket. And I am yet to understand the logic behind it.<BR/><BR/>-AshutoshAnonymousnoreply@blogger.com