I have submitted my resignation letter to my manager on 4th Aug 2010. As required by the terms of employment contract, i'm serving 3 months notices. The new company has proposed to buy me off for 2 months but my current company refuse to accept the compensation and insist that i have to serve until 3 months with the reason that they are unable to get the replacement on time.
I have been discussing with my manager if there's any room for discussion for the early release but they refuse to do so.
If i insist to leave after serving for 1 month and compensate 2 months to the company, will this be violating the labor law?
I stil have 14 days of annual leave, will company pay back the money for the annual leave left?