Are you in the process of resigning from your job but can’t fulfill the notice period? Perhaps, you might be considering submitting a resignation letter with payment in lieu of notice. Don’t worry, we got you covered! In this article, we will be providing you with a resignation letter with payment in lieu of notice sample that you can use as a reference and edit as needed. With this, you can ensure that your letter is professional and clearly outlines your intentions. So, let’s get started!
Best Structure for Resignation Letter with Payment in Lieu of Notice Sample
When writing a resignation letter with payment in lieu of notice, there are certain elements you need to include to make sure your letter is clear and professional. Here are some tips on the best structure for drafting your resignation letter.
1. Start with a clear statement of your resignation
Your resignation letter should begin with a clear statement that you are resigning from your position. Start by stating your name, job title, and the date when the resignation will take effect. For example:
“Dear [Manager’s Name],
I am writing to inform you that I am resigning from my position as [Job Title] effective [Date].”
2. Express gratitude and appreciation
After stating your resignation, express your gratitude and appreciation for the opportunity to work for the company. Highlight some of the positive experiences you had during your employment. This section is crucial as it sets a positive tone for the rest of the letter. For example:
“I would like to take this opportunity to thank you for the valuable experience and support you have offered me during my time at the company. I appreciate the opportunities that I have had to learn, grow, and contribute to the organization.”
3. Explain the reason for your resignation
In this section, you should briefly explain why you have decided to resign. However, be careful not to include any negative comments or criticism about the organization or your colleagues. Keep it professional and focused on your personal circumstances. For example:
“Unfortunately, due to personal reasons, I have come to the difficult decision to resign from my position.”
4. Mention payment in lieu of notice
If you are requesting payment in lieu of notice, this section of your letter should state this explicitly. Depending on the company’s policy, payment in lieu of notice could take the form of pay for the notice period that you would have been required to give, or a lump sum payment in lieu of that notice period. For example:
“Furthermore, I would like to request payment in lieu of notice, as I am unable to work my full notice period.”
5. End on a positive note
In your closing remarks, end on a positive note and express your desire to help make the transition process as smooth as possible. You could also provide your contact details, should the company require any further information or assistance. For example:
“I am happy to offer any assistance necessary to ensure a smooth transition, and I wish the company all the best in the future. Thank you for understanding my decision.
Sincerely,
[Your Name]”
In conclusion, if you follow these basic guidelines, you will be able to write a professional and courteous resignation letter, including payment in lieu of notice. Keep in mind that even though you may be leaving your current organization, maintaining a positive relationship with your current employer is always essential. You never know when your paths may cross again in the future.
Resignation Letter With Payment In Lieu Of Notice Samples
Sample 1: Personal Reasons
Dear [Manager’s Name],
It is with great regret that I am writing to formally resign my position as [Your Position] with [Company Name]. I have unexpectedly and suddenly been confronted with family/personal circumstances that require my immediate and full attention. This makes it impossible for me to continue my employment at the present time. I am aware that my decision comes at a difficult time for the company and for that I am very sorry.
As per my contractual obligation, I am expected to provide [Number of Weeks or Months] notice before I leave. However, in view of my sudden and unfortunate departure, I request that I receive payment in lieu of notice. I will also ensure that the handover process is completed in a timely and efficient manner so that my departure does not impact any current projects.
It has been an absolute privilege to work with you and the rest of the team over the years, and I will always treasure the memories. Thank you for all the opportunities, support, and guidance provided during my tenure. I wish you and the company all the best in your future endeavors.
Yours sincerely,
[Your Name]
Sample 2: New Job Opportunity
Dear [Manager’s Name],
I am writing to formally resign from my current position as [Your Position] with [Company Name]. The reason for my departure is that I have been offered an exciting new career opportunity outside of the company that I would like to pursue. While I am sad to be leaving, I believe this is the right decision for my professional growth and development.
As per my contractual obligation, I am expected to provide [Number of Weeks or Months] notice before I leave. However, due to the time-sensitive nature of my new role, I request that I receive payment in lieu of notice. I am willing to work during my notice period, if necessary, to ensure a smooth transition of my duties to my successor.
It has been an absolute pleasure working with you and the team here at [Company Name]. I have learned a lot from my time here and have thoroughly appreciated the support and guidance provided by the company. I wish you and the team all the best in your future endeavors.
Thank you once again.
Best regards,
[Your Name]
Sample 3: Relocation
Dear [Manager’s Name],
I am writing to tender my resignation from my position as [Your Position] with [Company Name]. Unfortunately, due to personal circumstances, I am required to relocate to another city/country and cannot continue with my employment at the present time. I am saddened to be leaving a company that I have valued so highly, but my relocation is necessary, and I hope that you will understand my situation.
As per my contractual obligation, I am required to provide [Number of Weeks or Months] notice before I leave. However, due to time constraints associated with my relocation, I request that I receive payment in lieu of notice. I will ensure that my handover is thorough, and all wor\k is completed in a timely and professional manner.
It has been an honor to be a part of [Company Name] and to work with such a wonderful team of professionals. I have greatly enjoyed my time here and will always remember the positive experiences and valuable lessons learnt. I wish the company continued growth and success in the future.
Thank you for your support and understanding during this time.
Yours sincerely,
[Your Name]
Sample 4: Health Issues
Dear [Manager’s Name],
Regrettably, I must inform you that I would like to tender my resignation with immediate effect from the position of [Your Position] with [Company Name]. I have recently been diagnosed with a medical condition that requires extensive treatments and extended recovery periods. These medical challenges can no longer allow me to continue with my current full-time work.
As per the company policy, I am required to provide [Number of Weeks or Months] notice. However, I would like to be paid in lieu of notice as I will not be able to continue working during the notice period.
I appreciate the opportunity that I had to work for this company and particularly thank you for the support you have provided me over the years. I appreciate the experience I had with [Company Name] and am confident that it will be an excellent platform for all the success that the future holds. I hope that you will appreciate the circumstances that have led to my unexpected resignation.
Yours sincerely,
[Your Name]
Sample 5: Work-Life Balance
Dear [Manager’s Name],
It is with regret that I have decided to resign from my current position as [Your Position] with [Company Name] due to personal reasons. I am finding it increasingly difficult to maintain a healthy work-life balance. My family demands have grown, and I would like to spend more time with them, which is not possible while working in a full-time position.
As per my contractual obligation, I am expected to provide [Number of Weeks or Months] notice before I leave but would like to be paid in lieu of notice as my circumstances require me to do so. I assure you that until my last day, I will do everything I can to provide a seamless handover of my workload to my successor.
I would also like to thank you for the support and guidance that you and the company have provided me during my tenure. It has been a great pleasure working with the exceptional team here, and I have learned a lot. I wish the company every success in the future.
Yours sincerely,
[Your Name]
Sample 6: Hostile Work Environment
Dear [Manager’s Name],
I am writing to formally communicate my resignation from my position as [Your Position] with [Company Name]. The working conditions have become intolerable due to the constant hostility and toxicity in the workplace, which have created an unsafe and unhealthy working environment for me.
As per my contractual obligation, I am required to provide [Number of Weeks or Months] notice before I leave. Nonetheless, as I am unable to continue working in such conditions, I request that I receive payment in lieu of notice. I am willing to work with my replacement or any other colleague to ensure an efficient and effective handover of my responsibilities.
It is with great sorrow that I have made this decision because I have enjoyed my time with the company and have worked with some great people. I have appreciated the support and guidance provided by the company during my time of employment, and I learned a lot through the challenges encountered.
Thank you for understanding my situation. I wish the company every success in the future.
Sincerely,
[Your Name]
Sample 7: Career Change
Dear [Manager’s Name],
I am writing to formally resign as [Your position] with [Company Name]. After careful and lengthy consideration, I have decided to make a career change that requires my immediate attention. It is a decision that I did not make lightly as I have greatly enjoyed my time with the company. Unfortunately, I have come to realize that my true passion lies elsewhere.
As per my contractual obligation, I am expected to provide [Number of Weeks or Months] notice. However, due to the time-sensitive nature of my new endeavor, I request that I receive payment in lieu of notice. I will endeavor to finish any current projects and ensure that an efficient handover of my duties is provided to my successor before the end of my tenure.
I appreciate the opportunity that I was given to work with [Company Name] and would like to thank you and the team for the support and guidance that I received. I am confident that my time here has prepared me well for whatever future challenges come my way, and I wish the company continued growth and success.
Thank you once again.
Best regards,
[Your Name]
Tips for Writing a Resignation Letter with Payment in Lieu of Notice
When resigning from your job with payment in lieu of notice, it is important to write a clear and professional resignation letter. Here are some tips to help you:
1. Be concise and to the point. Your resignation letter should clearly state that you are resigning from your position and that you will accept payment in lieu of notice. Keep your letter short and to the point, and avoid including unnecessary details.
2. Thank your employer. Regardless of the reason for your resignation, it is important to thank your employer for the opportunity to work with them. Show your appreciation for the experience and the skills you have gained during your time at the company.
3. Provide some notice if possible. While payment in lieu of notice means that you do not have to provide a notice period, it is still a good idea to give your employer some advance notice if possible. This allows them to prepare for your departure and may help to maintain a positive working relationship.
4. Provide your contact information. Even if you are leaving your job on short notice, it is important to provide your employer with a way to contact you in case they need to follow up with you. Include your phone number and email address in your resignation letter.
5. Check your contract. Before submitting your resignation letter, be sure to check your employment contract to make sure you understand the terms of your payment in lieu of notice. This will help to ensure that there are no misunderstandings or disagreements later on.
By following these tips, you can write a professional and effective resignation letter with payment in lieu of notice. Remember to be respectful and grateful for the opportunity to work with your employer, and to provide clear and concise information about your departure.
FAQs about Resignation Letter with Payment in Lieu of Notice Sample
What is a Resignation Letter with Payment in Lieu of Notice?
A Resignation Letter with Payment in Lieu of Notice is a letter that an employee writes to his or her employer when he or she decides to resign, but cannot give the required notice period due to certain reasons. In such a situation, the employee offers to pay the value of the notice period to the employer as compensation.
When is it appropriate to use this letter?
This letter is appropriate to use when the employee is unable to provide the required notice period, and he or she wants to compensate the employer for it. It is also suitable when the employee has a good relationship with the employer and wants to leave on good terms.
Do I need to explain why I cannot give notice in the letter?
Yes, you should explain in the letter why you cannot give notice, as it will help your employer understand your situation and make an informed decision. However, you don’t need to go into too much detail, just provide a straightforward reason.
What should I include in the letter?
You should include your name, employee identification number, date of resignation, the reason you cannot provide notice, and the compensation amount you are willing to pay to the employer. You should also thank the employer for the opportunity to work with them and express your best wishes for their future success.
How should I format the letter?
The letter should be formatted as a formal business letter. It should be written in a clear and concise manner, with an appropriate salutation and closing. You should use a professional tone and avoid any negativity or criticism.
How much compensation should I offer?
The amount of compensation you should offer will depend on your individual circumstances, such as the notice period required, your salary, and the value of your work. You can calculate the compensation amount by multiplying your daily pay rate with the number of days in the notice period you cannot provide.
Can my employer refuse my offer?
Yes, your employer can refuse your offer if they do not agree with the compensation amount or if they prefer to have you work the notice period. However, if they accept your offer, they must confirm it in writing and make arrangements for the payment to be made.
Thanks for Reading!
I hope this sample resignation letter with payment in lieu of notice has been helpful in guiding you through the process. Remember, it’s important to handle resignations with professionalism and respect for all involved parties. If you have any questions or comments, please feel free to leave them below. And don’t forget to bookmark our site for future reference on all things career-related! Thanks again and see you soon.