Here's a sample FNF letter format in Word format:[Date][Employee Name][Employee Address]Dear [Employee Name],We regret to accept your resignation from the position of [Position Name] effective from [Last Working Day]. As per the company policy, we are required t...

If an old Employee has an opening balance of 15 PL on 1 Jan 2023\. and he leaves on 15 May 2023\. Is the company liable to pay the entire balance of 15 leaves or leaves on a pro-rata basis in full & Final settlement?

It appears to me from the original post that there is no accumulation of leave for 2022\. Probably as on 01.01.2023 as per the policy of the organization 15 days leave has been shown as opening balance for the year 2023\. If the employee has taken any leave duri...

Details of F&F must be given. The problem is due to his designation he can't seek legal remedy. If there is discrepancy that your brother sees, he should write in details what he should have got. Lest he may file civil suit for recovery of additional amount.

Dear Mr. Bhatia,I read with interest your view.However, it comes down to the contract,Where exports are concerned; the amount to be paid for the goods is pre-determined by way of a pro-forma invoice.The price to be paid is as per the pro-forma invoice no matter ...

Hi Yamini,If you concern is regarding the final salary settlement and other payments then it is on the gross salary. However leave encashment and gratuity would be on the basic salary.

Hi friends,I have recently resigned from my current job. I need to know about the laws related to full and final settlement. My specific queries are1. What is the maximum time that the company can take in preparing my full and final settlement?2. Can the compa...

As per our company policy, after confirmation the employee must serve one month notice period inorder to resign. However , in our Company nobody has yet got the Confirmation letter, even after being in service for 2-3 years. I would like to know, if an employee ...

Dear AllPost states that the concerned person started absconding and as such committed misconduct and for that he was terminated (even without enquiry and proving charges as I understand). Now, management after his termination wants to settle his FnF account and...

Hello all,Do we include bonus as part of full and final settlement? When an employee leaves prior to the company declaring bonus for that year (for eg Feb he leaves and bonus is usually given in Oct), is the company liable to pay his share of bonus as part of fu...