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Salaried EmployeeJob Change

Notice Period Buyout Calculator

Work out exactly what a shorter notice period will cost — or what your employer owes you.

= Sixty Thousand Rupees

Notice Period

60d
15d

Shortfall: 45 days

You pay the company for the days you won't serve.

You Pay the Company

₹90,000

45 days short of the required notice

Per-day rateMonthly amount ÷ 30₹2,000
Shortfall days45 days
Buyout amount₹90,000

Estimate only. Exact calculation basis (gross vs Basic, 26 vs 30-day divisor) varies by employer — check your appointment letter's notice clause.

How Notice Buyout Works

A simple per-day rate applied to whatever days are left over.

Your contract sets the notice period

Most Indian appointment letters require 30, 60 or 90 days notice — check yours for the exact number and whether it mentions a buyout clause at all.

Shortfall is priced per day

Whatever days you're short of the full requirement are valued at your monthly salary ÷ 30 — a straightforward, linear calculation most employers follow.

It works both directions

You buy out days you won't serve when resigning early; your employer owes you the same calculation if they waive your notice or let you go without it.

Leaving your job altogether?

Our Leaving Job Calculator combines notice period settlement with gratuity and leave encashment for a complete full-and-final estimate.

Frequently Asked Questions

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