How to use the Notice Period & Last Working Day Calculator
- Enter the date you submit your resignation.
- Choose your notice period.
- Enter how many days you can serve.
- See your last working day and buyout amount.
Notice period buyout
If you cannot serve the full notice period, many companies let you "buy out" the remaining days. The usual formula is (monthly basic ÷ 30) × shortfall days, though some use gross salary. Your new employer may reimburse this. Unused earned leave can sometimes be adjusted against the notice period.
Frequently asked questions
Is the resignation day counted in the notice period?
Usually yes. The notice period starts on the day the resignation is accepted or submitted, depending on company policy.
Can I leave without serving notice?
Only if your employer agrees or you pay the buyout. Leaving without either can delay your relieving letter and full and final settlement.
These tools give estimates for general guidance and are not financial or tax advice. Rates and rules can change; check official sources before making decisions.