Oct 19 2022, 11:20 PM
QUOTE(Darkcloudz @ Oct 18 2022, 10:18 AM)
Hi Folks, im facing some issue would like to ask some advice.
I have tendered resignation with Company A and will serve 3 months notice period to join Company B.
Company B asked what's the 1 month buyout amount if they want to proceed.
Given the amount to company B and company B ask me to request the buyout letter from Company A so the HR can submit for approval
(Remark: when i request this buyout letter, i did mention it's subject for my new company approval)
days later...
Company B came back and said buyout not approved
I reverted this back to Company A and telling them i would like to serve full 3 months notice, Company A HR said cannot anymore because they have agreed the 1 month buyout and release official buyout letter.
Then I share the same thing back to Company B
Now no company want to absorb this 1 month buyout and I need to bear this myself
This is very unfair to me and i think Company B is not doing it correctly.
The HR should asked me to request a buyout PROPOSAL instead of buyout letter and Proposal is subject for approval but a letter is official and confirm.
Somemore if they requested buyout letter means they intend to proceed with internal approval budget. Not telling they want to know amount and submit for approval.
I think Company A is not the faulter here as they entertain to all my request (from company B).
Hence, please advise
Ummm.. Company B did tell you its subject to their approval, no? So how can it be their fault? I think Company A is at fault here if you have clearly indicated that the buyout is subject to Company B's approval and in your case it was not approved. So no dealI have tendered resignation with Company A and will serve 3 months notice period to join Company B.
Company B asked what's the 1 month buyout amount if they want to proceed.
Given the amount to company B and company B ask me to request the buyout letter from Company A so the HR can submit for approval
(Remark: when i request this buyout letter, i did mention it's subject for my new company approval)
days later...
Company B came back and said buyout not approved
I reverted this back to Company A and telling them i would like to serve full 3 months notice, Company A HR said cannot anymore because they have agreed the 1 month buyout and release official buyout letter.
Then I share the same thing back to Company B
Now no company want to absorb this 1 month buyout and I need to bear this myself
This is very unfair to me and i think Company B is not doing it correctly.
The HR should asked me to request a buyout PROPOSAL instead of buyout letter and Proposal is subject for approval but a letter is official and confirm.
Somemore if they requested buyout letter means they intend to proceed with internal approval budget. Not telling they want to know amount and submit for approval.
I think Company A is not the faulter here as they entertain to all my request (from company B).
Hence, please advise
If company A insists you pay ask them on what grounds simce it was not approved and i hope you still have the e-mail or letter to indicate you did tell Company A HR that it is subject to Company B's approval
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