# Full n final settlement and bonus

**URL:** <https://community.greythr.com/t/full-n-final-settlement-and-bonus/8452>\
**Category:** Payroll\
**Created:** [March 31, 2023, 8:30am UTC](https://community.greythr.com/t/full-n-final-settlement-and-bonus/8452 "2023-03-31T08:30:37Z")\
**Posts on this page:** 5\
**Page:** 1

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**Author:** ![Vinay\_HR](https://avatars.discourse-cdn.com/v4/letter/v/b5a626/32.png) [@Vinay\_HR](https://community.greythr.com/u/Vinay_HR)\
**Post date:** [March 31, 2023, 8:30am UTC](https://community.greythr.com/t/full-n-final-settlement-and-bonus/8452/1 "2023-03-31T08:30:37Z")

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My question is if company is paying pay for performance which is variable pay and the employee is leaving in 5 months when should we pay him variable pay, is it part of full n final settlement? Second, if the company is providing bonus year end, will the employee who resigned, will he be eligible for full n final settlement and who joined recently will they eligible for year end bonus?

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**Author:** ![Kaulin](https://sea2.discourse-cdn.com/flex024/user_avatar/community.greythr.com/kaulin/32/2425_2.png) [@Kaulin](https://community.greythr.com/u/Kaulin)\
**Post date:** [March 31, 2023, 8:32am UTC](https://community.greythr.com/t/full-n-final-settlement-and-bonus/8452/2 "2023-03-31T08:32:19Z")

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Hey @Vinay_HR ,

Kindly refer to this discussion thread for information. In case you don’t find the information useful do feel free to post it.

> [@full and final settlement & incentives](https://community.greythr.com/t/full-and-final-settlement-incentives/8440):
>
> Hi , Can incentive amount be paid after the full and final settlement of an employee. As employee 's full and final amount is due to pay but his incentive amount approval is still pending so in this case cant hold his full and final. Kindly reply. thanks & Regards, sneha lakhmapure 7045330113

Hope this helps.

Community Manager.

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**Author:** ![sogemar2024](https://avatars.discourse-cdn.com/v4/letter/s/c57346/32.png) [@sogemar2024](https://community.greythr.com/u/sogemar2024)\
**Post date:** [August 23, 2023, 8:51am UTC](https://community.greythr.com/t/full-n-final-settlement-and-bonus/8452/3 "2023-08-23T08:51:03Z")

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Variable pay or whatever named called is part of contract of employment and needs to be included in FF. Bonus is statutory obligation also need to be paid on prorata basis in FF settlement.

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**Author:** ![Aarav\_Edtech2023](https://avatars.discourse-cdn.com/v4/letter/a/74df32/32.png) [@Aarav\_Edtech2023](https://community.greythr.com/u/Aarav_Edtech2023)\
**Post date:** [November 30, 2023, 8:41am UTC](https://community.greythr.com/t/full-n-final-settlement-and-bonus/8452/5 "2023-11-30T08:41:20Z")

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Hi,

Please share the full and final form with formula .

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**Author:** ![Kaulin](https://sea2.discourse-cdn.com/flex024/user_avatar/community.greythr.com/kaulin/32/2425_2.png) [@Kaulin](https://community.greythr.com/u/Kaulin)\
**Post date:** [November 30, 2023, 8:42am UTC](https://community.greythr.com/t/full-n-final-settlement-and-bonus/8452/6 "2023-11-30T08:42:02Z")

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