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Full and Final Settlement (FnF) is the process of settling all financial dues between an employer and an employee when the employee leaves the organization. It includes unpaid salary, leave encashment, bonuses, gratuity, reimbursements, and statutory deductions. The FnF process ensures that all payments are cleared accurately and transparently after resignation, termination, or retirement. A well-managed FnF process helps organizations maintain compliance and provides employees with a smooth exit experience.
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