Final Settlement(F&F)
When we get the F&F settlement to our bank account after relieving? My last working day is Oct, 15th, 2024. I didn’t received the final settlement amount in my bank account yet.
When we get the F&F settlement to our bank account after relieving? My last working day is Oct, 15th, 2024. I didn't received the final settlement amount in my bank account yet.
Depends on individual organisation, usually the HR team informs about schedule before you leave. But it may take anytime from a few weeks time to max 90 days.
F&F is settled in the upcoming pay cycle. When I relieved, if the LWD was before 20th of the month, they would settle in the same month pay cycle. If not, they'll settle in the coming month pay cycle. Check with your org about this.
When we get the F&F settlement to our bank account after relieving? My last working day is Oct, 15th, 2024. I didn’t received the final settlement amount in my bank account yet.
Hello good folks of grapevine!
So, I resigned from my last job last year in November. As per the company policy I was promised that my F&F will be settled 45 days after my last working day which happens to be the first week of Jan'24.
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I need some understanding about this as it is my first job. My lwd is Aug 22 but the FnF date given was September 30 . why is it not Aug 30? My salary cycle is 15 to 15.
I switched recently from Quantiphi. This was my first switch. It has been more than two months now. And I've still not cleared the FnF with them.
My calculations show that I've to return around net 1.5 lacs ruppees of my prorated Bonus...