المدربA notice period is the time between a resignation or dismissal and the end of employment, set by the contract within the statutory minimum; the employee is paid and bound by the contract throughout, and may be placed on garden leave for all or part of it.
أمثلة
Example 28.4 (Move now or wait for the payment?)
Illustrative terms: base $250 000, expected award $350 000, 40% deferred over three years, awards paid in February; three months’ notice, three of garden leave and a six-month paid non-compete; a buyout of all forfeited awards with probability one-half; a three-year horizon. Unvested deferrals are $280 000. Resigning at the start of February forfeits $659 167 and costs, net of the expected buyout, $694 167: a raise of 38.6% on the $600 000 package. Waiting one month, until the award is paid, cuts the forfeiture to $338 333 and the neutral raise to 30.5%. Without a buyout the February move needs 56.1%; with a certain one, 21.1% (Figure 28.1).