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The period a party must serve after resignation or termination, set by the employment contract. It interacts with leave and with the last working day, and it may in some cases be bought out by agreement.
The notice period starts when HR records the resignation date, and that date drives several tasks at once: the last working day, the knowledge transfer plan, the asset return checklist and the exit interview slot. Logging resignations promptly avoids disputes over when the clock started.
Managers often ask to waive or shorten notice. When they do, HR should confirm in writing whether the waiver is a company decision, in which case no recovery applies, or an employee request, in which case shortfall recovery may follow under the contract.
A common mistake is approving leave during the notice period without deciding whether it extends the last working day. The policy should say plainly whether earned leave can be adjusted against notice, and payroll should know the answer before computing final settlement.
The period a party must serve after resignation or termination.
The employment contract.
In some cases, by agreement.
Yes, it interacts with leave and with the last working day.
Yes. It applies after resignation or termination.
F&F includes notice pay or recovery from the resignation record.
As defined here, it is set by the employment contract.
By the notice period served, together with any leave or buyout agreed.
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