In how many days full and final settlement for a terminated employee?

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1

Hi,

In how many days full and final settlement for a terminated employee? What happens if there is a delay?

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2

Hi, as per code on wages act 2019, the settlement has to be done with in 2 days from the employee terminated his service. most of the companies paying the FnF settlement based on their convenience. Even they are not disclosing the settlement days in the appointment letter.

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3

Thanks @suresh.p, this is as per wages act correct not implemented till now. Can you please tell what is the number of days per rules currently

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