Process stages
- Resignation received and acknowledged with the last working day
- Notice period served, shortfall or waiver approved in writing
- Knowledge transfer plan signed off by the manager
- Clearance from IT, finance, admin, library and department
- Exit interview conducted and themes recorded
- Full-and-final settled and relieving plus experience letters issued
Full-and-final computation lines
- Salary for days worked in the final month
- Leave encashment as per policy caps
- Pending reimbursements and incentives
- Gratuity where eligibility is met
- Less: notice-period shortfall, advances, asset recovery, statutory dues
- Tax on the settlement, computed under the employee's chosen regime
Timelines that protect you
Publish a target of settling full-and-final within a fixed number of days of the last working day, and hold the clearance owners to their own SLA. Most exit disputes are timing disputes, not amount disputes.
This resource is shared for general guidance. Rules, rates and due dates change and vary by state and establishment — confirm the current position with your advisor before acting on it.
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