A Notice Period is the duration an employee must serve after resigning or before termination, allowing for a smooth transition and proper handover of responsibilities. It ensures business continuity by giving employers time to find replacements, redistribute tasks, and complete exit formalities. Industries like manufacturing, retail, logistics, e-commerce, and facility management services (FMS) enforce structured notice period policies to maintain workforce stability and operational efficiency.

For companies managing contract workers, gig employees, apprentices, and blue-collar workforce, a well-defined notice period policy helps in reducing attrition impact, ensuring compliance, and planning seamless workforce transitions. By leveraging digital HR systems, businesses can track notice periods, manage buyout options, and automate exit processes for an efficient offboarding experience.