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Hardest Time @ Job Change

Muni Sammy
Ranch Hand

Joined: May 24, 2008
Posts: 80
I got a offer from one Best Company with my dream Salary. However they asked me to join with in a week , i also informed him that my notice period is formally 3 months. They are ready to buy the notice period and asked me to join as per the given dates.

When i discuessed with my current company manager (after putting down my papers), they informed me that you have to stay for 2 months and 1 month can be buy able (but also he was not given any assurance on that).

When i spoke to them they are showing urgency on the joining dates, how can i manage this. i am planning to meet HR (in new company ) and i will try to explain the situation..

Can you please advice me how can overcome this . thanks a lot


Sai Surya
Ranch Hand

Joined: Feb 08, 2006
Posts: 457

What was mentioned in your present company's offer letter? If it says "3 Months notice or Salary in lieu of...." then you can buy total 3 months.


Sai Surya, SCJP 5.0, SCWCD 5.0, IBM 833 834
http://sai-surya-talk.blogspot.com, I believe in Murphy's law.
Ulf Dittmer
Marshal

Joined: Mar 22, 2005
Posts: 41621
    
  55
Can you please advice me how can overcome this

It may not be possible to work around this. I think you were rash to hand in your resignation at your current company when you have no assurance that the new company will still be interested if you can't join for 3 months.


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Muni Sammy
Ranch Hand

Joined: May 24, 2008
Posts: 80
I believe i not rash, when i got offer i informed to the company that if thinks go well i can join as soon as possiable, i also request their support when i can't make it on time.....

In india, 3 months are become very comman in all the companies, however i was think will the company will not consider if i ask for a month time
Muni Sammy
Ranch Hand

Joined: May 24, 2008
Posts: 80
what the default ideal time the company will wait for the resources to join
Ulf Dittmer
Marshal

Joined: Mar 22, 2005
Posts: 41621
    
  55
There are no defaults in these matters. Each company is different, and sometimes even within a company it varies. There may be times when someone is needed right away, and there may be other times when a wait of several months is acceptable.

That's something you need to talk over with the new company before even giving notice to the old one.
[ May 28, 2008: Message edited by: Ulf Dittmer ]
Muni Sammy
Ranch Hand

Joined: May 24, 2008
Posts: 80
Ulf Dittmer Thanks for you comments, i was not worrying that i was given notice to my current company. i have no hopes with them, however the company which i going to join is my dream .... I said to the new company that my official notice will be three months, and i said that you have to be flexible with that... Till now i was updating the status on that with them .. however i really don't know will have a patience to wait....

I really help less....
Sai Surya
Ranch Hand

Joined: Feb 08, 2006
Posts: 457

If your new company was aware that your notice period will be three months, then why are they asking you to join early? Just think about it,
the way they are in a hurry to take you, your old company might have something to do with you. Atleast you should serve notice period you agreed with the old company. I think there will be some kind of knowledge transfer and handover etc.

To settle the matter, you better ask your old company HR whether they are ready to sell notice period, if yes then buy it and join new company. If not tell new company that you have to serve three months notice period.

You don't have to worry about loosing your dream job if you cannot make it on time. Nothing will happen and I am sure your new company will wait for you.

I joined a company by buying notice period from old company. The new company I joined was really in a hurry to take me in, once I joined there, I was on bench for four months.
Muni Sammy
Ranch Hand

Joined: May 24, 2008
Posts: 80
r they thinking if we give more time, will they choose another offer ??
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

Originally posted by cba Gandhi:
r they thinking if we give more time, will they choose another offer ??


Yes in most cases.


Groovy
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

A company expects someone from another company to join immediately[when that guy has 3 months notice period] but won't let their employee go when he quits quickly. Strange !

One more thing to remember is notice-period-shortage fine when reimbursed by your new employer will be taxed [>30%]. You will have to bear that loss.
Muni Sammy
Ranch Hand

Joined: May 24, 2008
Posts: 80
will the reimbursement is taxable ???
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

Originally posted by cba Gandhi:
will the reimbursement is taxable ???


Yes. Nothing comes for free.
Muni Sammy
Ranch Hand

Joined: May 24, 2008
Posts: 80
Yes i do agree with that
 
 
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