Hello,

I have a question on the buyout option here.. Here is my scenario:

Resignation letter submission: 30 March 2015
Notice period: 60 days
Official last day: 28 May 2015 (60 days' notice)

The new employer decided to buyout for my last 20 days of notice, making my start date on 11 May 2015. My current employer agreed for me to leave on 8 May 2015.

Instead of letting the new employer buyout for my last 20 days of notice, my current employer decided to move my official last day to 8 May 2015. My current employer told me I will be only paid until 8 May 2015 instead of 28 May 2015 (60 days' notice) and no buyout is required.

My question here is that since the new employer is willing to buyout, can I request my current employer to leave my official last day as 28 May 2015 (60 days' notice) and paying me until my 2 months full notice period. So basically the new employer will pay back them the 20 days salary. In the other words, I will be getting the extra 20 days salary from current employer and the new salary from the future employer. Is this the normal process of the buyout? Do you know if my current employer have the right pro-rate my May salary (only paying me until 8 May 2015 instead of 28 May 2015 (60 days' notice))?

Thanks

This post has been edited by sh@d0w: Apr 16 2015, 04:42 PM

How did you end up?

Im facing similar situation

My previous company (Sunway) only paid me for the days that I worked up to. Which means let's say u have 2 months period. Ur future company is buying you out for 1 month. So I work for 1 month then u pay the penalty and then u leave. Then Ur current company will only pay you the one month that you worked.