Full and Final Settlement (FnF) is an important part of the employee exit process, through which organizations ensure that all financial dues of a departing employee are accurately calculated and settled. This process includes payment of salary up to the last working day, leave encashment for unused leaves, bonuses or incentives, gratuity where applicable, reimbursements, and adjustments for any deductions such as taxes or recoveries.

By completing the FnF process in a timely and transparent manner, employers ensure proper financial closure and maintain compliance with company policies and labor regulations. A well-managed Full and Final Settlement helps build trust, reduces disputes, and ensures a smooth and professional separation experience for both the employee and the organization.

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