Do you wish for a smooth transition from your current employer before accepting a new job offer? If yes, you must know “what is Notice Period In A Job,” the types, and other related tips.
A peaceful and harmonious exit from any job plays a significant role in career progression. And one vital route to achieving such an exit is to ensure a notice period on the job before resigning.
What Is Notice Period In a Job?
It refers to the time frame from when you tendered a resignation letter to your employer to the last day you departed the organization. In simple terms, let’s say you want to quit your job on the 30th of this month, and you formerly informed your organization on the 15th; your Notice period is two weeks.
The notice period is crucial to the employee and employer for effective planning, development, and a friendly exiting. It also enables the employee to finalize his or her decision to exit the job and handover formerly. In addition, the notice period varies as some organizations will demand a one-week notice period while others will request a month or more.
Types of Notice Period In Job
Now that you know “What Is Notice Period In A Job,” let’s take you through the different types you can utilize.
1. Contractual Notice:
This is the minimum notice period an employer allocates in a contract employment offer to an employee.
2. Statutory Notice:
It is the minimum time an employee can tender a resignation letter to an employer. It can also be the minimum time an employer can terminate employment.
The notice period could vary from country to country; for instance, if you work in the UK with any organization for one month to two years, you have at least one week to write a notice period on the job.
But if you have worked up to twelve years, you must notify the organization of your resignation at least three months before exit.
3. Probationary Notice:
Here the employee has the right to submit a notice of resignation within one to ninety days before the exit date. It is the shortest form of the notice period in a Job.
However, an employee can serve a notice period while away from the organization without performing any task, especially if he or she is signing on with a competitor.
4. Redundancy Notice:
This notice period is written to an employer by the employee or otherwise when the service is no longer needed. However, the notice period must be submitted before the employment contract ends.
The notice period depends on the length of service of the employee. If your length of service is one year, this notice must be written at least one week before the exit date.
5. Pay in lieu Notice:
Here is an example of a Pay in lieu Notice Period. Let’s say you tendered a notice period today to exit your job in the next two weeks, but your employer asks you to leave immediately and still pay you for the two weeks notice period.
Other questions and answers regarding “What Is Notice Period In A Job.”
Why should I write a notice period in a Job?
You must write a notice period to enable the employer to find a replacement for your job role and work out your exit plan package.
What is a normal notice period?
The normal notice period depends on the duration you have worked with the organization. Generally, you can give a one-week notice period if you have a length of service above one month to one year.
Having learned much about what a Notice Period In a Job is, it is time to use it to retain a harmonious working and personal relationship with your past employer. Ensure to submit a notice period in line with your organization’s policy for a smooth transition.