Introduction
This letter is to remind you of the full and final settlement that is due to an employee upon their leaving your organization. This letter serves as a reminder of the employee’s rights and obligations in regards to the full and final settlement. It also outlines the steps that need to be taken in order to ensure that the employee receives the full and final settlement in a timely manner. We hope that this letter will help to ensure that the employee’s rights are respected and that the full and final settlement is received in a timely manner. Thank you for your cooperation.
Reminder Letter For Full and Final Settlement to Employer
[Date]
[Employer Name]
[Employer Address]
Dear [Employer Name],
This letter is to remind you of my full and final settlement that is due to me as per the terms of my employment contract.
As you know, I have been employed with your company for [number] years and have been a loyal and dedicated employee. I have worked hard to ensure that the company has achieved its goals and objectives.
I am now ready to move on to the next stage of my career and I am writing to remind you of the full and final settlement that is due to me. This includes any outstanding wages, bonuses, and other benefits that I am entitled to.
I would be grateful if you could arrange for the payment of my full and final settlement as soon as possible. I look forward to hearing from you soon.
Sincerely,
[Your Name]
Every employee has a right to get all the dues after the date of resignation. As per the full and final settlement policy, every employer needs to pay all the dues to the employee when they resign to their job or when they have terminated by the employer. The time taken to complete full and final settlement lies in between 30-60 days.
How to Write a Reminder Letter for Full & Final Settlement
Some companies will process full and final settlements without any request, but for some companies, you need to send a letter or email to process your Full and Final settlement. If they don’t do then you have to send a reminder letter regarding your F&F request.
Incase your HR is not responding to your full and final settlement email or letter then you can send a reminder email to remind you about your F&F request. Here is the sample email format.
Full & Final Settlement Reminder
To,
The HR,
XYX Company,
Sub: Reminder for full and final settlement
Dear Sir/Madam,
This is with reference to my resignation dated on _______ still my full and final settlement was not completed. I have already submitted no due certificate format and there were no dues from my side.
Here I request you to please send me the statement copy of the full and final settlement so that I can check it and hope for a quick response from your side.
Sincerely,
__________.
Full and Final Settlement Reminder Email
Sub: Reminder for Full & Final Settlement
Dear Sir/Madam,
This with reference to the mail send on 12/05/2020, I ___________, have applied for my full and final settlement, but till now the amount was not credited to my account even though I have cleared all my pending dues and works.
So here I am requesting you to please process my full and final settlement request.
Regards,
_______.
What Employees will Get After Full & Final Settlement
- All the pending salaries or wages and allowances such as leave allowances ( CLs, ELs) and traveling allowances etc).
- If employees complete 5 yrs of continuous service then they will get gratuity from their employer.
- Unpaid bonus amount.
- Assisting the employees in claiming provident fund and pension.
As I said earlier in order to get full and final settlement dues the first employee need to clear all the dues with the employer, for that employee needs to take clearance signature from each and every department of the organization on no due certificate. (Employee can get no due certificate from the employer).
Once employee handover no due certificate format to the employee then the employer will initiate the full and settlement process.
Laws Which are Related to Employee Full & Final Settlement
In case if any employer fails to provide full and settlement benefits to the employees then they are punishable under employment-related acts such as payment of wages act 1936, industrial employment standing orders act 1946.
Employees need to file a case on employer through a good lawyer when they didn’t get full and settlement from their employer.
In many companies, the employer will send a copy of full and settlement statement to the employee to check it. Once employee checks and approves then the employer will clear all the dues.
Sometimes employee need to remind the employer by sending a full and final settlement to HR. Here is a sample reminder letter for full and settlement to the employer, which will help you to remind your employer regarding your full and settlement procedure.
Reminder Letter For Full and Final Settlement to Employer
Dear [Employer],
This letter is to remind you that I am still awaiting my full and final settlement from you. As per our agreement, I am entitled to receive my full and final settlement within [time period].
I have already submitted all the necessary documents and information required for the settlement. I have also completed all the formalities and have been waiting for the settlement for quite some time now.
I would like to request you to kindly process my full and final settlement at the earliest. I am sure you understand the urgency of the matter and will take the necessary steps to ensure that I receive my settlement as soon as possible.
I look forward to hearing from you soon.
Sincerely,
[Your Name]
