Notice period salary is not a separate category — it is your regular salary for days you actually work during notice. Most IT and corporate policies pay full fixed pay if you serve. Bench, garden leave, or “do not come to office” can change what you are owed — read your appointment letter and HR policy, not LinkedIn comments.
When you resign
- Standard: full fixed salary for each day served in notice (typically 30–90 days).
- Variable pay and bonus: often pro-rated or forfeited if you leave before payout date — check policy.
- PF continues until last working day; gratuity needs 5 years (or as per policy).
- Employer may release early — confirm in writing whether notice is waived with full pay.
When employer terminates
Payment in lieu of notice (garden leave or pay without work) depends on contract. Some companies pay notice-period salary without requiring attendance; others bench you on reduced duties. Anything not in writing is negotiation, not entitlement.
Notice period vs buyout
Buyout means paying for days you do not serve — different math. If your new employer offers to cover buyout, get reimbursement terms and tax treatment on paper before you resign.
The takeaway
Never resign on verbal promises about notice waiver or bonus. Email confirmation from HR beats regret.