Notice Period Calculator
Calculate your last working day based on resignation date and notice period. Includes buyout calculation.
Buyout = (Basic+DA ÷ 26) × remaining days. Actual buyout policy varies by employment contract.
Serving vs. Buying Out Notice — Pros & Cons
- Maintains professional reputation and relationship
- Eligible for full F&F settlement without deductions
- Good reference letters more likely
- Time to hand over responsibilities properly
- No financial outflow from your side
- Join new employer sooner (better offer timing)
- Avoid uncomfortable transition period
- Company may not always agree to buyout
- Financial cost — can be significant for senior roles
- Check if new employer reimburses buyout amount
Frequently asked questions
Can my employer refuse a notice buyout?
Yes. Your employment contract may or may not allow notice buyout. If the contract does not have a buyout clause, the employer can insist you serve the full notice period. Leaving without serving notice (if buyout is refused) may be treated as absconding, affecting your full and final settlement, relieving letter, and potentially exposing you to a claim for damages.
Does notice period include Sundays and holidays?
This depends on your employment contract. Most Indian employment contracts count calendar days. Some IT companies count only working days. Government service notice periods typically count calendar days. This calculator lets you choose between both modes.
What if I want to leave immediately without serving notice?
If you leave without serving notice and without paying buyout (where permitted), your employer can withhold your full and final settlement dues (within legal limits), refuse to issue a relieving letter, and potentially claim damages for breach of contract. In practice, most companies simply withhold the salary equivalent of the unserved notice period.
Is the notice period different for probationary employees?
Typically yes — most companies have a shorter notice period (7–30 days) during probation. This should be specified in your offer letter or appointment letter. After confirmation, the standard notice period (usually 30–90 days) applies.
What is the legal minimum notice period in India?
For workmen under the Industrial Disputes Act, the statutory notice period for retrenchment is 1 month (or payment in lieu). The Industrial Employment (Standing Orders) Act prescribes minimum terms for different categories. For non-workmen and managers, notice periods are governed by the employment contract. There is no statutory minimum for white-collar employees, though most service agreements specify 30–90 days.