Dear Experts
I have recently submitted my resignation with a short notice of one week from my organisation giving the consent to pay the applicable amount in lieu of un served notice period of 3 months.
My appointment letter had mention the condition of " Termination of Employment" that--This employment may be terminated at any point of time by either party giving 3 months notice in writing to the effect to the other subject however,to the company's right to pay 3 months salary in lieu of such notice to you.Further , in the event of your giving a notice of termination shorter than the above period of 3 months the company shall have at its sole discretion, the right to adjust any leave due to you and/or recover from you such amount towards notice pay for the shortfall in the period of notice."
Now after putting up the resignation my boss has replied that the minimum notice period to be served as per the requirement of the HR is one month and I have to serve one month without fail to have proper separation .I however cannot afford to serve for 1 month as
1. I dont have anything really to do for 1 month in this company and I feel the handover of can be sufficiently compelted in 2/3 days.
2. There is no notice given by HR to us at any point of time that One month notice period has to be served mandatorily by employees intending to resign.
3. The new company cannot wait for one month as they are in urgency. They will drop their offer.
I have few things for which I need guidance from learned members
1. If I am ready to pay for 3 months in lieu of notice period & leave the company after giving resignation does it calls for any legal action on the basis of not serving One month notice period.
2. What worst can happen If I go without getting the acceptance of resignation.
3. What is your opinion of it as to what best can be done here.
4. What does" Sole discretion" means in the above clause.
Please note that I am trying best to close the matters amicably but dont see much hope here.
Please send your opinion as soon as possible.
Regards