About the Notice Pay Calculator
What is the Notice Pay Calculator?
If you leave without serving your full notice period, your employer may recover notice pay for the shortfall – or you may choose to buy out the notice. This calculator works out the amount.
Enter the salary your contract uses (basic or gross), the notice required, days already served and any leave adjusted.
How to use the Notice Pay Calculator
- Monthly Salary Used for Notice Pay (₹, basic or gross per your contract) (sample: 70,000)
- Notice Period Required (days) (sample: 60)
- Days Already Served (sample: 30)
- Earned Leave Adjusted Against Notice (days) (sample: 0)
- Daily Rate Basis (sample: Monthly ÷ 30)
- Press Calculate Notice Pay (results also refresh as you type). The result card shows the Notice Pay Recovery, along with Shortfall in notice, Daily rate, Full notice buyout and Tip.
Formula used
Recovery = (Notice days − Days served − Leave adjusted) × Monthly salary ÷ 30
The terms of your appointment letter decide whether basic or gross salary is used.
Worked example
These are the sample values already filled in the calculator above, and the result it returns for them:
| Input | Sample value |
|---|---|
| Monthly Salary Used for Notice Pay (₹, basic or gross per your contract) | 70,000 |
| Notice Period Required (days) | 60 |
| Days Already Served | 30 |
| Earned Leave Adjusted Against Notice (days) | 0 |
| Daily Rate Basis | Monthly ÷ 30 |
| Result | Value |
|---|---|
| Notice Pay Recovery | ₹70,000 |
| Shortfall in notice | 30 days |
| Daily rate | ₹2,333 |
| Full notice buyout | ₹1,40,000 |
| Tip | Adjusting unused earned leave against notice (if your policy allows) reduces the recovery |
Tips for using the Notice Pay Calculator
- Ask your new employer to reimburse the notice buyout as part of the joining bonus.
- Get the relieving letter terms in writing before paying a buyout.