About notice period calculator
When you resign, your last working day depends on your notice period. The calculator gives the date and the buyout amount if you leave early.
Check your contract
- Notice can be counted in calendar days or working days.
- Some employers let you buy out the notice by paying salary for the unserved days; others do not.
- Pending leave, bonuses and notice recovery are set out in your offer letter and policy.
Buyout estimate
Buyout is typically unserved days × daily salary, where daily salary is monthly salary ÷ 30. Your employer's own policy decides the final figure.
A worked example
If you resign on 1 March and your notice period is 60 days, your last working day is 30 April. If you serve 30 days and buy out the rest, and your monthly salary is ₹60,000, the buyout is 30 × ₹2,000 = ₹60,000, using a daily rate of salary ÷ 30.
Negotiating
Many employers will agree to a shorter notice period in writing. Get this confirmed by email, together with the date of your full and final settlement.
