What is a Notice Period?
A Notice Period is the length of time an employee is required to continue working after they have submitted their resignation, or the time an employer must give an employee before termination. It allows for a smoother transition and handover of responsibilities.
Explanation:
Notice periods, typically outlined in employment contracts, vary depending on the job role, seniority, and country-specific labor laws. They help maintain continuity and give both parties time to prepare for the change.
Practical Example of a Notice Period:
In the UK, an employee with a standard employment contract has a notice period of one month before leaving their job, during which time they continue working and assist with transitioning their duties to a colleague or successor.
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