hr-operations
Full and Final Settlement
Full and Final Settlement (FnF) is the payout of all outstanding dues, including salary, leave encashment, gratuity, bonus, and expense reimbursements, to an employee upon separation. In India, labour laws and state-specific Shops and Establishments Acts mandate timely FnF settlement, typically within 45 days from the last working day. Delays can attract penal interest and legal action.
Related Terms
workro’s HR platform bakes compliance terminology directly into your workflows. Generate offer letters, manage DPDP consent, and stay compliant—all with built-in HR intelligence.
Get started free →