Company policy on employee notice period

Notice Period for relieving from the employee position will be three (3) months. In special cases it may be different as it will be mentioned in the employee offer letter. During this time, employee will be expected to complete any ongoing projects, provide necessary handovers, and ensure a smooth transition of their responsibilities.

In the event that the employee fails to serve the stipulated notice period as outlined in their employment agreement, the employee agrees to repay the company an amount equal to one month's gross salary. This repayment is intended to compensate the company for any inconvenience caused by the employee's early departure and to cover costs associated with finding a suitable replacement.

The employee acknowledges that this repayment will be collected in the form of a bank cheque slip filled with an amount equivalent to one month's gross salary, with the date left blank. The bank cheque slip shall be submitted to the company's HR department at the time of joining.

It is important to emphasize that the repayment is contingent upon the employee's failure to fulfill the notice period and is not applicable if the employee serves the complete notice period as agreed upon in their employment contract.

This clause is in addition to any other remedies or actions the company may pursue to recover damages resulting from the employee's failure to serve the notice period.