I wanted some information on Notice Period on termination which is generally applicable for an employee while he is in probabtion and while one gets confirmed.
In my organisation we have a clause which is as below:
Your employment may be terminated as under –
I. During the probation period( 6mths), the company may terminate the employment agreement at any time without notice, with or without cause.
II. During probation period, you may terminate the employment agreement, upon 30 days prior written notice.
III. Upon your confirmation, either party shall be free to terminate the employment agreement at will and at any time, with or without cause, upon thirty days prior written notice by the party desirous of terminating this employment agreement or payment of
equivalent salary in lieu thereof.
Please let me know if this is according to the general practice / Law
I look forward to receive help on the above matter.