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1. Letter Header: Company letterhead, date, reference number, and employee details
2. Subject Line: Clear indication that this is a full and final settlement letter
3. Employment Details: Employee ID, designation, department, joining date, and last working date
4. Settlement Components: List of all payment components including salary, bonus, gratuity, leave encashment, and any other dues
5. Deductions: List of all applicable deductions including tax, loans, advances, or any other recoveries
6. Net Settlement Amount: Final amount payable after all additions and deductions
7. Payment Method: Details of how and when the settlement amount will be paid
8. Clearance Confirmation: Confirmation of all company property returned and clearances obtained
9. Release Clause: Statement confirming that this settlement represents full and final payment of all dues
10. Closing: Signature block for authorized signatory and company stamp
1. Non-Compete Acknowledgment: Include when the employee was bound by non-compete agreements that continue post-employment
2. Confidentiality Reminder: Include when the employee had access to sensitive information
3. Stock Options Settlement: Include when the employee held company stock options
4. Pending Legal Matters: Include when there are ongoing legal matters that need to be addressed
5. Transfer of Benefits: Include when there are transferable benefits like insurance policies
6. Project Handover Status: Include when formal project handover confirmation is required
7. Rehire Eligibility: Include when specifying future employment eligibility is necessary
1. Schedule A - Earnings Calculation: Detailed breakdown of all earnings including basic salary, allowances, and statutory payments
2. Schedule B - Deductions Calculation: Detailed breakdown of all deductions including tax, loans, and recoveries
3. Schedule C - Leave Balance Statement: Statement showing leave balance and encashment calculation
4. Schedule D - Gratuity Calculation: Detailed calculation of gratuity as per Payment of Gratuity Act
5. Appendix 1 - Clearance Checklist: Checklist of all departments' clearances obtained
6. Appendix 2 - Company Property Return List: List of all company property returned by the employee
Information Technology
Manufacturing
Banking and Financial Services
Telecommunications
Healthcare
Retail
Education
Construction
Professional Services
Hospitality
Automotive
Pharmaceuticals
Real Estate
Media and Entertainment
E-commerce
Human Resources
Finance
Legal
Compliance
Payroll
Administration
Accounts
Employee Relations
Corporate Secretarial
HR Manager
HR Executive
Finance Manager
Accounts Executive
Legal Counsel
Compliance Officer
Payroll Manager
HR Director
Chief Financial Officer
Company Secretary
Department Manager
Administrative Officer
Finance Controller
HR Business Partner
Compensation and Benefits Manager
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