Notice Period

A Notice Period is the length of time an employee or employer must give as advance warning before ending employment, as specified in the employment contract. It typically ranges from 15 days to 3 months in India, depending on seniority and company policy.

Serving the full notice period is standard, but many contracts allow buying it out — either party pays the equivalent notice pay to shorten the transition. Notice period terms are checked closely during Full & Final Settlement to calculate any shortfall owed.