Introduction
LWD (Learning and Workforce Development) is an important part of Human Resources (HR). It is the process of providing employees with the knowledge, skills, and abilities they need to perform their job roles effectively. It is a continuous process that involves assessing the current skills and abilities of employees, identifying gaps in their knowledge and skills, and providing them with the necessary training and development to fill those gaps. LWD is essential for any organization to ensure that its employees are equipped with the right skills and knowledge to meet the organization’s goals and objectives.
What is LWD in HR
LWD stands for Last Working Day. It is the last day an employee works for an organization before leaving their job. It is usually used in HR to refer to the date an employee’s employment ends.
LWD means the “Last Working Date” on which you are officially relieved/terminated from your job. Your salary & other benefits will be paid up to this date.
Simply LWD means the date on which the employee has attended his/her work for the last time. Your Last Working Date will be decided by your notice period in your job.
Employees need to mention their last working date on their resignation letter, then the employer will take a final decision depending on their company’s notice period policy.
The last working date will be confirmed by the employer after accepting the employee’s resignation. It will be communicated to the employee through resignation confirmation mail/letter by the employer.
LWD Confirmation Mail Example:
Sub: Acceptance of Resignation
Dear Mr./Ms [Employee Name],
This is in reference to your resignation dated [date], we hereby accept it and you will be relieved from your duties with effect from closing hours of [L.W.D] as a [employee designation] of [company name].
We wish you all the very best in your future endeavors.
With Best Wishes,
Authorized Person’s Name,
[Designation]
If your employer doesn’t agree with your last working date request, then they will ask you to extend it.
Why LWD (Last Working Date) is Important:
It is the date on which you are officially relieved from your job, this date will be mentioned on your experience certificate & relieving letter.
Your salary and other benefits such as PF, bonus, leave encashment and gratuity will be calculated up to this date.
LWD in PF
In PF Last Working Date (LWD) is called as Date of Exit (EOE).
EPF members need to update their Date of Exit in their PF account to transfer their PF amounts from their old PF account to the new PF account (or) for PF withdrawal.
FAQs
What if my last working date falls on Sunday (or) any public holiday?
You should plan your LWD while writing your resignation letter, if it falls on Sunday/public holidays then you can shift it to the next working day (or) the previous working day. You can negotiate about this with your employer.
When will I get my Salary after my Last Working Date?
It will take one week to 30 days for your full and final settlement depending upon your company’s exit policy.
Can I ask for a change of date of exit after acceptance of resignation?
It depends on your relationship with the employer and your necessity for the job.
After how many days I can withdraw my full PF after LWD?
After 2 months from your LWD, you can withdraw your PF.
When can I transfer my PF after LWD?
You can transfer your PF whenever you get your new PF account number in your new job. But remember while changing jobs only the PF number changes but UAN will remain the same.
Can I leave my job before the last working date (LWD)?
It will be considered as absconding, and your salary will be held by your company, and you don’t receive any experience and relieving letters as well. All these will cause problems getting your next job.
What are LWD proofs?
Your experience letter and relieving letter can be considered as LWD proof.
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What is LWD in HR?
LWD stands for Last Worked Day and is a term used in Human Resources (HR). It is the date when an employee last worked for the company. This date is important for HR professionals to track, as it can be used to calculate the employee’s total years of service, as well as to determine when the employee’s benefits and entitlements will end.
The LWD is also used to calculate the employee’s final salary, as well as to determine the amount of severance pay they may be entitled to. It is also used to determine the employee’s eligibility for certain benefits, such as health insurance, vacation pay, and retirement plans.
The LWD is typically recorded in the employee’s personnel file, and is updated whenever the employee leaves the company. It is important for HR professionals to keep track of the LWD, as it can be used to ensure that the employee is not overpaid or underpaid for their services.
