Dear Friends,
If an employee resigns from a company without notice in a single day and without a handover, does the company still owe full and final settlement to him?
Also, if a company terminates an employee on disciplinary grounds or for misbehavior with a director, does the company still owe full and final settlement to him?
Please advise.
From India, Delhi
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1If an employee resigns from a company without notice in a single day and without a handover, does the company still owe full and final settlement to him?
Also, if a company terminates an employee on disciplinary grounds or for misbehavior with a director, does the company still owe full and final settlement to him?
Please advise.
From India, Delhi
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The company should conduct a Full and Final settlement after deducting all dues, including the value of items not surrendered to the company. Whether a company terminates based on discipline, financial dues should not be withheld. Termination is the consequence of indiscipline.
From India, Pune
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From India, Pune
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Dear All our employee resigns without notice period, his full and final payment held up few days only because his/ her deus & other deductions will be deduct in full and final payment only.
From India, Hyderabad
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From India, Hyderabad
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The F&F cannot be kept open. We need to calculate the notice period, adjust the leaves, take into consideration the advance to the employee and the company properties provided to him, make the necessary deductions, and then pay the F&F. This can also be done with the normal salary cycle.
In the case of termination, also the F&F has to be paid considering all the above points.
Regards,
Ashutosh Thakre
From India, Mumbai
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In the case of termination, also the F&F has to be paid considering all the above points.
Regards,
Ashutosh Thakre
From India, Mumbai
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