Full And Final Settlement Letter After Resignation From Employee

Are you looking for a Full And Final Settlement Letter After Resignation From Employee? This letter serves as a formal document outlining the details of the settlement between an employer and an employee who has resigned from their position. Below, you will find examples of Full And Final Settlement Letter After Resignation From Employee that you can use as a template and customize to fit your specific situation.

Attributes of Full And Final Settlement Letter After Resignation From Employee

Clear and Concise: The letter should clearly state the terms of the settlement in a concise manner.
Details of Final Payment: Include details of the final payment to be made to the employee, including any outstanding salary, benefits, or bonuses.
Settlement of Dues: Outline the settlement of any dues or liabilities that the employee may have towards the employer.
Confirmation of Resignation: Confirm the employee’s resignation and the effective date of resignation.
Acknowledgment of Company Property: Include a section acknowledging the return of any company property by the employee.
Non-Disclosure Agreement: If applicable, include a non-disclosure agreement prohibiting the employee from disclosing confidential information about the company.

Example of Full And Final Settlement Letter After Resignation From Employee

Dear [Recipient’s Name],

I am writing to confirm the details of your Full and Final Settlement after your resignation from [Company Name].

As per our discussion, your final payment including any outstanding salary, benefits, and bonuses will be processed and deposited into your bank account by [Payment Date].

All dues and liabilities towards the company have been settled, and we consider your resignation effective as of [Resignation Date].

We acknowledge the return of all company property, including [List of Company Property Returned].

By accepting this settlement, you agree to abide by the non-disclosure agreement regarding any confidential information you may have acquired during your employment with [Company Name].

Sincerely,

[Your Name]

Signature: