Issuance Or Relieving Letter

chithramtab@gmail.com
Hi,
Our company procedure
Once
1. The Employee gives Resignation thro HOD
2. HR Dept preparing No due Certificate Format & Declaration (Admin, Accounts, HOD and Final HR Dept) after approval from Management HR Dept preparing F & F settlement
3. Last Day They will get F &Fand Releving Order
Hope this is correct
thanks
Chithra
cat412001
As a lawyer I would like to say that the relieving letter or the service certificate should e issued only at the time of full and final settlement to the employee. otherwise the employee can receive the service certificate and join some othe company and then not accept the full and final settlement and demand for more.
Theagarajan
smbhappy
After an employee resigns and while serving a notice period (normally 1 to 3 months), there is ample time to make a full and final statement. Why wait till one week left for service. Start immediately for F&F settlement. Ask every one and the employee himself, if he owes any thing to the company (Library books, mobile, laptop, vehicle, loan, advance, keys, etc.). If an employee fails to return the Company's belongings, the value of the same can be deducted from his F&FP.
As per law, all dues of the employee are to be given to him on his last working day together with the Service (not experience) Certificate and relieving Letter.
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute