Global HR Glossary

What is a Notice Period? 

A notice period is the designated length of time between when an employee announces their intention to leave a job (through resignation or retirement) and their final day of work. This period is crucial for both parties to manage the transition smoothly.

Importance and Management of Notice Periods 

Key aspects of notice periods include:

• Operational Continuity: The notice period allows the employer time to find a suitable replacement or redistribute the departing employee's responsibilities among existing staff.

• Knowledge Transfer: This period is critical for the departing employee to pass on their knowledge and insights to the team, ensuring minimal disruption to ongoing projects.

• Relationship Preservation: Properly managed notice periods help maintain positive relationships, which can be beneficial for future networking and even re-employment.

To manage notice periods effectively, employers should:

• Clearly Define Terms: Outline the expectations and length of the notice period in the employment contract or handbook.

• Communicate Effectively: Engage in open dialogue with the departing employee to ensure a smooth handover of responsibilities.

• Plan Strategically: Use the notice period to realign team roles and responsibilities and address any potential skill gaps.