Deleted user
posted 2 years ago
Breaching Notice Period
What happens if you breach your notice period?
Country
  • India
  • Iceland
  • Hong Kong
  • Hungary
Fields:
  • Contract
  • Corporate and Company
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Deleted user
posted 2 years ago
"If you breach your notice period, your employer may be able to hold you liable for losses from the breach. This could include anything from liquidated damages (a pre-determined amount of money that is owed by one party to another in the event of a breach of contract) to the costs incurred by the company in finding and training a replacement employee. You should notice that it all depends on your contract's situation and terms. For instance, the company could withhold severance pay or other benefits you're entitled to. Or it could terminate your employment immediately, decide to do nothing, and move on. If you're thinking about breaching your notice period, it's best to speak with an attorney to understand your specific situation and the risks. "
Deleted user
posted 2 years ago
If you breach your notice period, your employer may be able to hold you liable for losses from the breach. This could include anything from liquidated damages (a pre-determined amount of money that is owed by one party to another in the event of a breach of contract) to the costs incurred by the company in finding and training a replacement employee. You should notice that it all depends on your contract's situation and terms. For instance, the company could withhold severance pay or other benefits you're entitled to. Or it could terminate your employment immediately, decide to do nothing, and move on. If you're thinking about breaching your notice period, it's best to speak with an attorney to understand your specific situation and the risks.