How to negotiate notice period buyout?
My current company has a 90-day notice period but the new company wants me to join in 30 days.
Options I'm considering:
- Ask current employer for early release
- Ask new employer to buy out the notice period
- Negotiate with both sides for 45-day compromise
Has anyone successfully negotiated a notice period buyout? How does it usually work — does the new company reimburse you or is it adjusted against your CTC?
Also, what's the legal standing if I just abscond? (not planning to, just curious)