About this notice recovery
Estimate notice-period shortfall and salary recovery or buyout when an employee serves fewer days than required. It is a quick input for resignation and FnF discussions.
How it works
Shortfall equals required notice days minus served days. The selected monthly salary is divided by the day divisor, and that daily rate is multiplied by shortfall days. Contracts may define a different salary basis or approval process.
- Step 1Enter monthly salary and required notice.
- Step 2Enter days actually served.
- Step 3Review shortfall and recovery estimate.
Frequently asked questions
- Is notice buyout calculated on Basic or gross?
- It depends on the employment contract and company policy. Enter the salary basis stated in your terms.
- Can an employer waive notice recovery?
- Waiver is a company decision subject to contract, policy, and applicable law.