![]() Usually, 30-45 days is ideal to pay the total and absolute compensation. However, there isn’t a formulated date for the full and final payment settlement directed in the act. The new labor law for FnF payments states that the company must pay the complete salary settlement within two days after the employee has completed their last working day, backing their dismissal, resignation, or termination. This procedure of recovering and paying during resignation is called Full and final settlement. In this FnF policy, an employee has to be paid for the last working month and tax deductions & bonus earnings. It is a process of calculating different payable dues to an employee who is resigning, retired, or terminated, from an organization. FnF Settlement is also known as the Full and Final Settlement. ![]()
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