Home > Career > Question
Need Expert Advice?Our Gurus Can Help

Deployed to Airtel, My Contract Terminated, Should I Surrender Company Assets?

Nayagam P

Nayagam P P  |5110 Answers  |Ask -

Career Counsellor - Answered on Sep 03, 2024

Nayagam is a certified career counsellor and the founder of EduJob360.
He started his career as an HR professional and has over 10 years of experience in tutoring and mentoring students from Classes 8 to 12, helping them choose the right stream, course and college/university.
He also counsels students on how to prepare for entrance exams for getting admission into reputed universities /colleges for their graduate/postgraduate courses.
He has guided both fresh graduates and experienced professionals on how to write a resume, how to prepare for job interviews and how to negotiate their salary when joining a new job.
Nayagam has published an eBook, Professional Resume Writing Without Googling.
He has a postgraduate degree in human resources from Bhartiya Vidya Bhavan, Delhi, a postgraduate diploma in labour law from Madras University, a postgraduate diploma in school counselling from Symbiosis, Pune, and a certification in child psychology from Counsel India.
He has also completed his master’s degree in career counselling from ICCC-Mindler and Counsel, India.
... more
Asked by Anonymous - Aug 16, 2024Hindi
Listen
Career

Hi,I was working in Airtel, deputed by staffing company, have been told that my contract has been cancelled. In reply I asked official mail from Airtel about contract cancellation. they told it will be sent and asked to surrender office assets. But still I insist them to send official note. I informed to my staffing company on the same day I was asked to not to login. They sent me absconding mail after 10 days. It has been 1 year 5 months they still had not called me or asked laptop. What to do for my final settlement as well as should I worry for not surrending company asserts. As per offer letter they have to inform me one month prior to terminate contract

Ans: You have NOT mentioned (a) The contract was how many years/months (b) What was your Designation/Job Profile (c) How many months/years you worked, (d) What was the reason behind canceling the contract & (d) How much is the final settlement amount?

My suggestions:

(1) Please go through the terms of the Contract thoroughly again, especially about their right to cancel the Contract.
(2) Please note, NO Company will make full and final settlement till the employee hands over the assets/documents of the Company.
(3) If the Company is obliged to provide you the reason(s) for cancelling the contract.
(4) As per the Contract, if the company has valid reasons to cancel the contract, you have to right to ask only for Full & Final Settlement.
(5) Even after handing over the Company assets, you do not get your full and final settlement, you can raise the dispute with the Labour Court. Directly visit the office and request for settlement after 5-6 days of handing over the Company assets.
(6) However if the settlement amount is less, please avoid moving for legal remedies as you will have come across a loss of financial and non-financial stress once you move to the court till it directs the company to pay the settlement amount along with interest / legal expenses.

Try to move ahead. All the BEST for Your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.
Career

You may like to see similar questions and answers below

Krishna

Krishna Kumar  | Answer  |Ask -

Workplace Expert - Answered on Feb 09, 2024

Asked by Anonymous - Sep 06, 2023Hindi
Listen
Career
Hello Sir/Madam, This has been a practice of my company to delay the Full & Final settlement for employees who resign from the company. The final settlement along with the experience letters will be received after almost 2 months of leaving the organisation. This is the case with normal employees who serve three months notice period. These 2 months are very chaotic as the new company keeps requesting for the experience letters. There is no specific reason cited by the organisation for the delay in making the settlement. Sometimes the reasons seem petty. As a manager, I know this is wrong but I was helpless. 3 months back, our organisation had laid off many employees including me. They informed us that we will be getting three months salary as severance pay. The first two months were credited on time i.e 1st of each month. However, the third month payment has been stopped. They informed us it will be settled with the F&F settlement. There were no timelines mentioned to us. There is no letter issued to us - Neither laptop acceptance or resignation acceptance. I am getting job offers but they expect a firm date for joining along with the experience letters. I am not in position to furnish them these details. What can I do in this case? The company that I worked for is a BSE listed firm with strong financials.
Ans: Dear

I can understand your situation. What ai would suggest is better open and transparent with your potential employer, show them your resignation letter and the salary credited. I am sure they will appreciate.

All the best.

..Read more

Latest Questions
Nayagam P

Nayagam P P  |5110 Answers  |Ask -

Career Counsellor - Answered on May 25, 2025

Asked by Anonymous - May 25, 2025
Career
Hello , i want to know more about M.tech integrated C.Sc.courses in VIT. Does this course have any future ? Will they get jobs on finishing ? Are companies hiring M.Tech integrated ? graduates ? .How are they different from B.Tech CSE ? Kindly help ,thank you
Ans: VIT’s Integrated M.Tech in Computer Science is a five-year program blending undergraduate and postgraduate studies, with specializations in high-demand areas like Data Science and Business Analytics. The curriculum is designed for advanced technical skills, research, and practical exposure, preparing students for roles in software development, data science, analytics, and IT consulting. Graduates are well-placed in reputed companies, and the degree is valued for its depth and industry alignment. Compared to B.Tech CSE, the integrated M.Tech offers a master’s degree, more research exposure, and advanced electives, making it ideal for those interested in specialization or R&D. Recommendation: If you are interested in a comprehensive, research-oriented program with strong placement prospects and are willing to commit five years, the integrated M.Tech at VIT is a solid choice with a promising future. However, it is advisable to prefer BTech, gain 2-3 years work experience and then think about pursuing MTech, if the need arise. It all depends upon your short-term/long-term career goals. All the best for your admission and a bright future!

Follow RediffGURUS to Know more on 'Careers | Health | Money | Relationships'.

...Read more

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x