Request Letter For Gratuity Payment Sample

  



What is full and final settlement: 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.

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The employee has to start the full and final settlement process by submitting no due certificate to the employer, once employee clears all the dues which are like salary advances or loans, company properties etc then the employer will start the full and final settlement process.

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,

The HR,

XYX Company,

Sub: Request 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 Letter Sample is written when any person is completely leaving that organization. His money is being paid or is to be paid fully. Final settlement letters are easy to do. This process handles all types of aspects like a recovery of any pending payments, notice of pay etc.

Final payment is done on the last working days of the employee. The process of paying and recovering at final step is known as full and final settlement letter after resignation. Any company needs to return the money on one or other day or maybe with interest. Otherwise, that company can be called as bankrupt. Therefore, this letter is drafted and some tips are described below.

Full And Final Settlement Letter To HR

TIPS TO WRITE A FINAL SETTLEMENT LETTER

  1. You can directly mention the name of the parties or persons involved in your processor you can say in your working time who have settlement under him.
  2. Make sure that new terms and conditions are easy to understand and one should be clear with it to ask for any settlement letter then.
  3. Include all the important and relatable dates in your letter.
  4. Don’t send your letter before proofreading it properly. It should not have any mistake.
  5. Make sure that both the parties should sign the agreement letter after reading proper terms and conditions.

Here are some factors that will make you write the final settlement letter as-

Unpaid salaries, benefits, some allowances, unpaid bonus, many payments, like payment for non availed leaves even, pensions, and many deductions like income tax, provident fund, profession tax etc. Under these components, one needs to have written full and final settlement letter with them. as all these efforts can be done verbally by just communicating but nowadays this needs to be done professionally by writing a proper letter to HR, company chairman or any secretary.

FORMATTING YOUR FINAL SETTLEMENT LETTER

  1. Your letter needs to start from a name and complete address of the sender. After space writes the date and below write the name and full address of the receiver.
  2. Write the subject to your letter after that, and then give sweet salutation before writing letter’s body.
  3. Start writing the main body of your letter request for relieving letter and full and final settlement where you can write both the parties’ name and whatever should be conveyed in your letter.
  4. In the end, write the name and signature after giving warm regards to a receiver.

Full and Final Settlement Letter Format In Microsoft Word

Gratuity Application Form

CONCLUSION

Request Letter For Gratuity Payment Sample Letter

Many full and final settlements letter’s samples can be downloaded from the internet directly. You can get the direct layout of that particular letter with the idea of the wordings that need to be used when required. This has become important in many organizations this letter is written by the employees who were the part of the company and now was asking for full and final payment of theirs.