Hi,
Our company procedure is as follows:
1. The employee gives resignation through the Head of Department (HOD).
2. The HR Department prepares a No Due Certificate Format and Declaration (Admin, Accounts, HOD, and Final HR Department) after approval from Management. The HR Department then prepares the Full and Final (F & F) settlement.
3. On the last day, the employee will receive the Full and Final settlement and a relieving order.
I hope this is correct.
Thanks,
Chithra
From India, Madras
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1Our company procedure is as follows:
1. The employee gives resignation through the Head of Department (HOD).
2. The HR Department prepares a No Due Certificate Format and Declaration (Admin, Accounts, HOD, and Final HR Department) after approval from Management. The HR Department then prepares the Full and Final (F & F) settlement.
3. On the last day, the employee will receive the Full and Final settlement and a relieving order.
I hope this is correct.
Thanks,
Chithra
From India, Madras
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As a lawyer, I would like to say that the relieving letter or the service certificate should be issued only at the time of full and final settlement to the employee. Otherwise, the employee can receive the service certificate, join some other company, and then not accept the full and final settlement and demand more.
Theagarajan
From India, Madras
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Theagarajan
From India, Madras
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After an employee resigns and while serving a notice period (normally 1 to 3 months), there is ample time to make a full and final statement. Why wait until one week is left for service? Start immediately for F&F settlement. Ask everyone and the employee himself if he owes anything to the company (library books, mobile, laptop, vehicle, loan, advance, keys, etc.). If an employee fails to return the company's belongings, the value of the same can be deducted from his F&F payment.
As per the law, all dues of the employee are to be given to him on his last working day together with the Service (not experience) Certificate and relieving letter.
From India, Chandigarh
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As per the law, all dues of the employee are to be given to him on his last working day together with the Service (not experience) Certificate and relieving letter.
From India, Chandigarh
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