Notice Period Calculator
Find your last working day, buyout cost, and whether serving or buying out makes more sense.
Notice Buyout Cost
| Calculation | Remaining Days | Buyout Cost |
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India Public Holidays 2026 Used Above ▸
Frequently Asked Questions
How is the last working day calculated from notice period?
Last Working Day = Resignation Date + Notice Period in calendar days. Notice period is almost always counted in calendar days (including weekends and holidays), not working days, unless your specific employment contract says otherwise. If notice is given in months, it's converted to days by multiplying by 30.
How is notice period buyout cost calculated?
Buyout cost is typically calculated as (Monthly CTC ÷ 30) × remaining notice days, or sometimes (Annual CTC ÷ 365) × remaining notice days. The two formulas give slightly different results because one assumes a 30-day month and the other a 365-day year — check your company's HR policy or offer letter to see which one they actually use.
Should I serve my notice period or buy it out?
Compare your notice buyout cost against what you'd gain by joining your new company sooner — a joining bonus, an earlier start on a higher salary, or an offer that expires. If your new employer's joining bonus (or the extra pay from starting sooner) exceeds your buyout cost, buying out usually makes financial sense. If serving costs you nothing extra and there's no urgency, serving the full notice avoids paying that amount out of pocket.