Notice period buyout: Can your employer say no? Know what employees can do under new labour code

In companies where the notice period can stretch up to several months, it can be tough to switch to a new job unless the employee or the new employer pays off the notice period with the existing employer.

While notice period buyouts are often talked about as if they are a standard employee right, there isn’t a specific legal entitlement that allows an employee to simply ‘buy out’ a notice period, nor is there any legal obligation for an employer to accept payment in place of service during the notice period.