Full &final Settlement - Doc Download

Respected Seniors ,
please provide me the detail of documents and formalities done in full and final settlement of an employee
pawan

The following documents are essential:
letter of resignation from the employee
acceptance letter from the employer indicating the date of relieving
settlement of accounts, duly acknowledged by the employee.
details of payment made towards full and final settlement ( cheque number, amount, name of the bank and the branch on which the chequue is drawn

pls find the file attached herewith for the above requirement

Hi Pawan,
pfa final settlement copy
Thanks
Meera

Dear Pawan,
Before doing the final clearance of any Employe it should ensure that the person who is resigning submitted his resignation letter signed by him as well as the signature of his Head of the Department which mentioning the date of clearance.also check he he is serving the notice peiod as per the compnay policy.Also check did he avail any leave in advance.Also ensure that all the items which company provided for him should be returend.

Dear pawan,
Full & final settlement for exit employees for that you have to follow

• first get the resignation letter,and stop him salary for that month.
• you have to get No dues certificate of exit employee from head of the dept.
• you have to clear Leaves (Enchasment)
• prepare F& F based on rules of Company after that give it to accounts dept.

Regards
Malini
HR-Assistant.

hai... i am send one of full and final settlement...
Plz Suggest any mistakes
K.Srinivasa Rao

Hi All team members,
Find attached doc. for your ready reference.
U Can use it at any level
BRgds/ Saroj Kumar Deka

Hi ,
can anybody tell me how to calculate full & final settlement....
Regards,
Deepika

After getting the Resignation letter from the employee, have a word with the respective department head whether he or she is interested to retain the employee or not
if the results is positive, fix a day with the resigned employee to have a personal discussion and try to retain
If the results is negative pls follow the below procedure
After the personal discussion if the employee feel not happy and need to quit then follow the procedure
1. Check with the appointment order for notice period
2. Do not handover any task which is very important
3. Ask to fill the Exit application
4. Get the NOC clearance
5. Inform the date of reliving