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Notice Serve _ revision in HR policy

(Querist) 01 March 2011 This query is : Resolved 
Dear Sir,

I work for a bank, on 30th Dec, a circular from Hr was mailed to all the employees, stating that the there is revision in notice serve.

Change being, it is mandatory for an employee to serve 60 days of notice which cannot be adjusted bye compensating for the period neither leaves would be adjusted. It also read that, failing to which the employee would be terminated. I would want an early relieval, do i have a legal stand. I have not signed any policy post joining.
Ajay Bansal (Expert) 01 March 2011
Any change in rules can only be prospective,not retrospective.Examine your matter in the light of aforesaid putview.
Guest (Expert) 02 March 2011
Previous agreements with he employees cannot be annulled one-sided and arbitrarily. The present policy, as has rightly been suggested by Mr. Bansal can be made applicable only prospectively on the employees recruited after the date of issue of the circular.

PS Dhingra
Chief Executive Officer
Dhingra Group of Management & Vigilance Consultants
New Delhi-110089
Mobile: 09968076381
[dcgroup1962@gmail.com]


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