NOTICE PERIOD BUYOUT
Notice Period Buyout Calculator India — Calquent
Estimate the salary amount associated with an unserved portion of a notice period.
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Formula
The estimate multiplies unserved notice days by the daily salary derived from the selected divisor.
buyout = (monthly salary ÷ divisor) × unserved days
How it works
1
Enter monthly salary and total notice period.
2
Enter days you plan to serve.
3
Multiply the remaining days by the selected daily salary basis.
Important notes
Notice-period buyout or recovery is generally governed by the employment agreement and company policy. This tool is an estimate, not a legal determination.
Reference: ClearTax's notice-period buyout explainer.