Can We Settle The Previous Financial Year Deductions In Full & Final Settlement - CiteHR
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Hr Manager

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Hi
I am a HR manager in the company. I have to do full & final settlement of employees as we are checking the records we found we paid more OT in previous year now can we settle the same at the time of doing full and final.
Thanks
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Haven't you closed the previous year account. secondly what went wrong or whose mistake was it that the OT was paid more for which you are penalising now. weren't the OT register properly maintained. Did you cross check with the employee of the excess payment made to them and have they accepted it in writing.
It is very easy to deduct the money for someone else fault, but what will be the impact of the same in the market has to be ascertained. These are purely my view you can wait for other members opinion too.
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