Document background
The Early Release From Notice Period agreement is used when both employer and employee mutually agree to shorten the notice period specified in the original employment agreement. This document is essential in New Zealand's employment landscape where notice periods are standard practice but business needs or employee circumstances may require flexibility. It provides a formal framework for documenting the mutual agreement to vary the notice period while ensuring compliance with New Zealand employment law. The agreement typically includes details about the original notice period, the new agreed end date, final payment calculations, and any specific handover requirements. It's particularly useful in situations where an employee has secured new employment with an earlier start date or when the business agrees that an immediate or shorter notice period is mutually beneficial. The document helps prevent future disputes by clearly documenting the terms of the early release and ensuring all legal obligations are met.
