Need Fnf Letter format in word format .. also wanted to know if we can hold the FNF incase employee has left without serving notice
From India
From India
Hi,
Normally Full and Final Settlement computation sheet will be given, what do you mean by Full and Final Letter format. In the FFS computation sheet itself employee can be asked to sign that " I accept & agree and have no claim /further dues to be claimed from the Company.
When employee left without information you need to follow proper discipliary process and provide the employee with ample opportunity to report back. Even the if the employee didn't report back then amount equivalent to notice period from FFS can be recovered.
From India, Madras
919Normally Full and Final Settlement computation sheet will be given, what do you mean by Full and Final Letter format. In the FFS computation sheet itself employee can be asked to sign that " I accept & agree and have no claim /further dues to be claimed from the Company.
When employee left without information you need to follow proper discipliary process and provide the employee with ample opportunity to report back. Even the if the employee didn't report back then amount equivalent to notice period from FFS can be recovered.
From India, Madras
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 to process your full and final settlement of accounts.
Please find enclosed a cheque of [Amount] towards your settlement dues, which includes your outstanding salary, earned leave balance, reimbursement of expenses, and any other payments due to you.
We would also like to bring to your notice that you have not served the required notice period of [Notice Period]. As per the company policy, we reserve the right to recover the notice period salary from the settlement dues. We request you to settle the same at the earliest to avoid any legal action.
If you have any concerns or queries regarding the settlement, please do not hesitate to contact the HR department.
We appreciate your contribution to the company and wish you all the best for your future endeavors.
Sincerely,
[Your Name]
[Company Name]
Regarding your second question, holding the FNF settlement in case of an employee leaving without serving notice depends on the company's policy and the terms mentioned in the employment contract. Some companies may withhold the settlement or recover the notice period salary from the dues, while others may not have such provisions. It is recommended to refer to the company's policies and consult with the HR department to determine the appropriate action to take in such situations.
From India, Mumbai
[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 to process your full and final settlement of accounts.
Please find enclosed a cheque of [Amount] towards your settlement dues, which includes your outstanding salary, earned leave balance, reimbursement of expenses, and any other payments due to you.
We would also like to bring to your notice that you have not served the required notice period of [Notice Period]. As per the company policy, we reserve the right to recover the notice period salary from the settlement dues. We request you to settle the same at the earliest to avoid any legal action.
If you have any concerns or queries regarding the settlement, please do not hesitate to contact the HR department.
We appreciate your contribution to the company and wish you all the best for your future endeavors.
Sincerely,
[Your Name]
[Company Name]
Regarding your second question, holding the FNF settlement in case of an employee leaving without serving notice depends on the company's policy and the terms mentioned in the employment contract. Some companies may withhold the settlement or recover the notice period salary from the dues, while others may not have such provisions. It is recommended to refer to the company's policies and consult with the HR department to determine the appropriate action to take in such situations.
From India, Mumbai
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