CoHire's Notice Period (NP) Buyout Calculator instantly computes the amount to be paid to buy out your notice period when you want to leave earlier than the contractual notice period. Calculate accurately based on Annual CTC, Basic + DA, or Monthly Gross salary and notice days.
Enter your salary details and buyout days on the left to compute your exact notice period buyout cost, daily rate, and financial impact.
Input your annual salary (CTC) and choose whether your company uses Basic + DA or Monthly Gross.
Enter the number of notice period days you want to buy out from your employer.
Instantly see the Notice Period buyout amount with daily rates and a detailed calculation breakdown.
Notice Period Buyout is a payment made by an employee to the employer to exit employment before the contractual notice period ends.
Buyout = (Monthly Base Salary ÷ 26) × Buyout Days. The 26-day divisor represents the standard working days in a month per labor law conventions.
The employer is not obligated to accept NP buyout. It requires mutual agreement. This tool gives the approximate buyout amount based on your salary.
Employers may deduct the Notice Period buyout amount from your final settlement or full and final (FnF) payout. Confirm the mode of recovery with your HR team.
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