I am leaving JP Morgan next month and have resigned before completing of my 1 year with the firm but technically my year will be completed next month before notice period. The laptop allowance and the relocation allowances will it be recovered from me during my exit??
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Laptop amount will not be recovered.
thank you so much also I will check internally with HR
Generally organization consider one year before putting down the paper.They wont include notice period.About laptop allowance it was mentioned claim should be approved before putting down papers.So there you are covered not sure about relocation allowance though.
Y leaving early?? Just wanted to know it's compensation or work culture??
From what I know there is an office in Pune. But you have less projects there.
How much is relocation allowance?
Is tat mentioned in Offer letter or provided seperately?
Ideally, if it's mentioned in letter tht it will be returned/recovered if leaving within a year. Need to be returned, else no need
its mentioned in the relocation letter and that is separate it's not written in offer letter.. but my query is that the year is getting completed before me leaving JPMC cause I am serving notice period as well of 2 month
If one year is getting completed with notice period means then fine. You don't need to repay anything.
Hi r u sure that one year is included with notice period
Pro
In relocation letter it was mentioned only about relocation expenses will need to returned if you resign within 1 year ..laptop allowances not mentioned in that..
it includes hotel stay and relocation allowance
Pro
Is it not 3 months ?
Pro
+1
Pls let me also know.i
Is it 12 months including notice period or 12 months +2 months for notice for relocation
Please check your relocation letter. For me it is mentioned like if I put resignation within first anniversary, i need to repay. This means notice period won't be considered.
Hey, I think they are considering year in terms of the resigned date and not the notice period and it's usually like that only.
Relocation allowance you will have to pay back... Check out your benefits letter .. its clearly mentioned if you don't say stay for 18 months you will need to pay back
tickets, hotel stay, shipment, onetime payment, all these they will ask you to reimburse.
For laptop it's yours now.
can you please tell if you had to give back the wfh reimbursement amount or not?