Are you in need of a Full And Final Settlement Letter Sample? Look no further! In this article, we provide examples of Full And Final Settlement Letter Sample that you can use and customize as needed to suit your specific situation.
Explaining the Need for Full And Final Settlement Letter Sample
When an employee is leaving a company, it is important to ensure that all financial matters are settled to avoid any misunderstandings or disputes in the future. A Full And Final Settlement Letter is a formal document that outlines the details of the employee’s final payments and benefits. It serves as a confirmation that both parties have settled all dues and obligations.
- Clarifies the final payments to be made to the employee
- Serves as a record of the settlement agreement
- Helps avoid any future disputes or misunderstandings
Full And Final Settlement Letter Sample
Dear [Recipient’s Name],
I am writing to confirm the details of your full and final settlement following your resignation from [Company Name].
As per our discussion, the final payment to be made to you includes:
- Outstanding salary for the month of [Month]
- Unused leave balance
- Any other pending dues or benefits as per company policy
Please review the enclosed settlement statement and let us know if you have any questions or concerns. We kindly request you to sign and return a copy of this letter as a confirmation of the settlement.
Thank you for your service and dedication during your tenure at [Company Name]. We wish you all the best in your future endeavors.
Sincerely,
[Your Name]
[Your Title]
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