Full and Final Settlement Query
Kindly tell me how to handle the full and final settlement as per the conditions provided below. This question is part of a case study, and I have been unable to achieve a positive outcome. I would greatly appreciate your valuable advice on this matter. Please see the conditions outlined below:
Employee A Details
- Date of Joining: 26/04/2015
- Date of Relieving: 06/07/2016
- Gross Salary: Rs 8000
- Worked 20 days in the notice period and took 5 leaves, though the company approved only 1 leave
- Earned Leave Balance: 06
- Bonus included in the Full & Final settlement
- Deduction pending for a loan of Rs 2000
What amount should be paid to Employee A?
I am eagerly waiting for your advice on this matter.
From India
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14Kindly tell me how to handle the full and final settlement as per the conditions provided below. This question is part of a case study, and I have been unable to achieve a positive outcome. I would greatly appreciate your valuable advice on this matter. Please see the conditions outlined below:
Employee A Details
- Date of Joining: 26/04/2015
- Date of Relieving: 06/07/2016
- Gross Salary: Rs 8000
- Worked 20 days in the notice period and took 5 leaves, though the company approved only 1 leave
- Earned Leave Balance: 06
- Bonus included in the Full & Final settlement
- Deduction pending for a loan of Rs 2000
What amount should be paid to Employee A?
I am eagerly waiting for your advice on this matter.
From India
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Dear All, I did not get any response from anyone in this case please guide me how to make full and final in this situation . Your valuable advise give me best help for future.
From India
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From India
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Dear All , Eleven view but not found any advise on cited subject natter .How can i make full and final in this situation. I need your advise Warm Regards Gaurav
From India
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From India
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Before asking for solutions from seniors and fellow members, please first provide your query with relevant information and in the proper format. Please clarify the points below:
1. Salary Period Due for Payment
a. Has the June month's salary been paid in full?
b. Is only the July salary pending for 7 days, or are both due?
2. Breakdown of Rs. 8000.00
3. Consistency of Salary
Is the salary consistent throughout the period, or was there any revision?
4. Required Notice Period
The exact amount can be calculated only after providing proper information.
Regards
From India, Delhi
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1. Salary Period Due for Payment
a. Has the June month's salary been paid in full?
b. Is only the July salary pending for 7 days, or are both due?
2. Breakdown of Rs. 8000.00
3. Consistency of Salary
Is the salary consistent throughout the period, or was there any revision?
4. Required Notice Period
The exact amount can be calculated only after providing proper information.
Regards
From India, Delhi
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Gmail - Full & Final Settlement Calculation sheet -16556 - Umesh Chand.pdf
Full n final settlement.doc