Notice period buyout
Hi,
My Offer letter has below details about notice period.
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Notice Period: Your employment with company can be terminated either by company or by you by giving the other party 60 Days advance notice.
Notice Period/ Termination of Employment
Your employment with the Company can be terminated either by the Company or by you by giving the other party specified days of advance notice (refer to the Letter of Appointment or recent communication to know your notice period days).
The responsibility of ensuring the completion of the knowledge transfer within the defined notice period lies with the employee, failing which the relieving date may be extended at the discretion of the management. The relieving date may also be extended incase the project is at a critical juncture.
If the Company relieves you before the completion of the notice period, the gross salary for the balance notice period would be paid to you. If at your request, the Company agrees to relieve you before serving the full notice period, you will be liable to pay the Company the gross salary for the balance notice period. However, please note that accepting any such early relieving request would be entirely at the discretion of the Company.
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I am manager is denying early relieving and wants me to serve all 60 days of Notice period. He is also not agreeing for buyout.
What are my options?