Rkn61
Hr Manager
Suresh2511
Labour Consultant

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In case of Resigned employees within what time limit Employer should settle the Full & Final Settlement of Account. Employees resigned during any particular calendar month, can his dues be settled after completion of that calendar month i.e., full and final settlement can it be done during next month?? . Please provide guidance for the same.
In order to ensure good and harmonious industrial relations, labour relations and good HR practices in the organization, it is advisable to give (personally hand over) his Full & Final settlement cheque on his last working day, during closing hours of shift. Statutory settlements, PF /Gratuity etc can take its own course of time.
The settlement to be done by next twodays from last working day or even on last day of working, if management considered positively.
As per the amended Code on Wages dated 8th August, 2019 following is apply under Payment of Wages Act, 1936 for Full & Final Settlement.
Final payment time Limit:
• Payment of Two days limit to pay full & final to worker in case of dismissal or retrenchment. Not applicable in case of resignation.
• Added the condition of resignation.
Regards,
Suresh

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