Hi, Please may i know the Meaning of Relieving formalities? Regards, Jane.
From India, Bellary
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From India, Bellary
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Hi,
When a person is leaving an organization, either because he/she has resigned or retired, it is incumbent on the HR to have a checklist that acts as the guide to the relieving formalities. The relieving formalities are focused on the smooth exit of the employee to everyone's satisfaction. The formalities will vary from organization to organization, but broadly, it would cover the following:
- It will have to ensure that the person being relieved has handed over all documents and assets and charges properly.
- That there are no dues pending from the person e.g., IOUs, and that he has obtained the requisite clearances from the relevant departments.
- That all the dues to the individual are calculated, and the cheque for the dues to the employee, along with the relieving letter, experience certificate, etc., are given to the employee on the last day.
I trust the above clarifies the subject to your satisfaction.
Regards
From India, Mumbai
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498When a person is leaving an organization, either because he/she has resigned or retired, it is incumbent on the HR to have a checklist that acts as the guide to the relieving formalities. The relieving formalities are focused on the smooth exit of the employee to everyone's satisfaction. The formalities will vary from organization to organization, but broadly, it would cover the following:
- It will have to ensure that the person being relieved has handed over all documents and assets and charges properly.
- That there are no dues pending from the person e.g., IOUs, and that he has obtained the requisite clearances from the relevant departments.
- That all the dues to the individual are calculated, and the cheque for the dues to the employee, along with the relieving letter, experience certificate, etc., are given to the employee on the last day.
I trust the above clarifies the subject to your satisfaction.
Regards
From India, Mumbai
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