Dear Friends,
If an employee resigns from a company without notice in single day & without handover.Do a company still owes Full & Final settlement to him?.
Also if a company terminates a employee on indisciplinary grounds or misbehaviour with director.Do a company still owes Full & Final settlement to him?.
Pl advise.
From India, Delhi
1If an employee resigns from a company without notice in single day & without handover.Do a company still owes Full & Final settlement to him?.
Also if a company terminates a employee on indisciplinary grounds or misbehaviour with director.Do a company still owes Full & Final settlement to him?.
Pl advise.
From India, Delhi
The company should do a FNF after deducting all dues-including value of items not surrendered to company.
Whether a company terminates on basis of discipline,financial dues should not be held up.
Termination is the punishment for indiscipline.
From India, Pune
Whether a company terminates on basis of discipline,financial dues should not be held up.
Termination is the punishment for indiscipline.
From India, Pune
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, Visakhapatnam
From India, Visakhapatnam
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 case of termination also the F&F has to be paid considering all the above points.
Regards,
Ashutosh Thakre
From India, Mumbai
In 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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Full n final settlement.doc