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Vl156 2015-2024 Form
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FAQs
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Does one need to pay the basic salary or in-hand salary of the notice period on an immediate resignation?
Hi Rohini,This mostly varies from company to company. There are also companies which do not entertain or have a recovery clause. It is either basic salary or gross salary and never net take home salary.Should they have a recovery clause in place, it is congruent to how the leaves are encashed on - if your leaves are encashed on basic, mostly the notice period will also be on basic. (This is a generic view and may vary based on the specific organisational policy).My organisation doesnt allow buyout options unless under dire circumstances defined, but I know most IT companies recover on basic salary. -
Can someone stop coming to the office after the notice period of a resignation is over or should they wait for their relieving order?
Let's say you give a generous notice of your last date of employment - you tell your boss (with a copy to HR) that you will be leaving on 30 June, and today is 24 May.You will receive confirmation of receipt of that message quickly - likely within minutes (unless you send it over night, then it'll take a couple hours).They'll do one or more of a few things:Ask you to reconsiderEnsure whatever you've been working on will be handed over and/or handable by your last dayOffer to let you leave soonerAsk for a little extra timeWish you all the best in your future endeavorsUnless you “unresign”, and not all places will allow this, your last day will be no later than the date you gave them.You may, or may not, be welcome to return to your now-former place of employment after your last day - but unless you are rehired, you will not be returning as an employee. -
How worried is the Republican leadership that, because of retirements, resignations, or criminal charges / indictments of their members, that they will lose control of one or both houses in Congress?
The Republican leadership is worried they’ll lose control of one or both houses of Congress because their margin is already thin, their unified control of Congress and the Presidency has produced much heat and little light, the President is unpopular, and the incumbent party almost always loses seats in the first midterm.The wave of Republican retirements is a reflection of those worries, not a cause of them.Congressional Republicans are settling on “re-elect me to prevent the Donald from being impeached” becausethe Donald is more popular with the GOP base than they are.they can’t run on policy, because if the articulate any serious policies that the Donald then disagrees with, it’ll hurt them.if they run on “protecting the President” he’s less likely to turn on them in the primaries.Making it all about the Donald not only energizes the base, it deflects from their own culpability in the current state of Washington.Democrats need a better platform than just running against the current President. Republicans need a better platform than just running for him. But at least the Donald can be content that it’s still all about him.Original question:How worried is the Republican leadership that, because of retirements, resignations, or criminal charges / indictments of their members, that they will lose control of one or both houses in Congress? -
As an executive, how do you give the notice to resign? Is it necessary, if at-will, to give a quarters worth of notice? Or are 2-4 weeks notice more common?
Write a letter, not an email, that is fairly formal, polite, states simply that you’ve appreciated the opportunity to work with the employer, but you must now resign to pursue other opportunities (or for personal reasons, if appropriate).You don’t need to give reasons in detail, or even say where you are going. You didn’t mention this, but for the benefit of others, a resignation letter is not the place to go into all the reasons, large and small, that made you want to resign. This is a waste of time.Overall, you want to do what you can to maintain a cordial relationship with your former employer. You will likely need the reference and you may need other things later on.Give notice on the same light. Provide what notice you reasonably can, but not less than two weeks. This is the minimum people expect. Prepare yourself for possibly being asked to leave immediately. This is not uncommon for senior staff. -
Can a company force you to serve notice period or pay in lieu of notice if you are medically unfit and want to resign?
As Scott Dunnington noted, this answer will be very dependent on the country where you live. In Canada, if you are medically unfit, you will likely have long term disability and short term disability as part of your benefits package, both of which require physician’s letters confirming your disability. These benefits would have to run out before it would make any sense to resign.If these benefits ran out and you still have not recovered, I can’t imagine how a company could or would force you to work during your notice period. Presumably you could just get another doctor’s note saying you are still unfit to work and serve out your notice period as unpaid leave. -
At the time of resignation and serving notice period, is it advisable to adjust your earned leave or encashing will be the better offer?
Assumptions : Indian company, you have provision to adjust leaves as most of organization do not consider this.I would recommend to adjust your earned leaves. Talk to your next organization and convince them that you will be adjusting your leaves and would like that to be reimbursed. Benefit of that being , you would be joining your next organization early and hoping you have got a good hike, you would be earning more for that period. Also encashing in most of the organization is against your basic pay, which generally is on the lower side compared to your gross.Happy negotiating and switching !! -
Do senior executives of a company usually resign with only 2 weeks notice or are they required to give longer notice?
Senior Executives are usually bound by a specific employment contract which will specify notice required and other conditions. If there is no specific condition it is usual to give one pay period notice. If you are going to a competitor you may be asked to leave immediately. Other reasons for a very short notice period are misconduct or genuine personal reasons e.g. illness. I know of a senior executive who resigned on short notice when his wife was unexpectedly diagnosed with brain cancer.
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