Full and final settlement is the process through which an employer clears all dues of an employee at the time of resignation, termination, or retirement. It includes payment of salary up to the last working day, unpaid bonuses or incentives, leave encashment, gratuity (if applicable), and deductions such as taxes or notice period recovery. Once the full and final settlement is completed, it signifies that there are no pending financial obligations between the employer and the employee.
Visit: https://www.pockethrms.com/full-and-final-settlement/
Visit: https://www.pockethrms.com/full-and-final-settlement/
Full and final settlement is the process through which an employer clears all dues of an employee at the time of resignation, termination, or retirement. It includes payment of salary up to the last working day, unpaid bonuses or incentives, leave encashment, gratuity (if applicable), and deductions such as taxes or notice period recovery. Once the full and final settlement is completed, it signifies that there are no pending financial obligations between the employer and the employee.
Visit: https://www.pockethrms.com/full-and-final-settlement/
0 Commenti
0 condivisioni
24 Views
0 Anteprima