Full and Final settlement (F&F)
Organized Full and Final (F&F) for your employees.
Automatic F&F Calculations:
As HR folks initiate the F&F process, Pocket HRMS intelligently calculates full and final payables for an employee and gives the exact amount with receivables. Key payroll details such as bonus, unpaid salary, non-availed leaves, gratuity, medical, etc. will be at your disposal in seconds.
Determine important recoverables
When an employee leaves a company, he/she claims important recoveries at the time of exit. Full and final settlement is a hectic process, but Pocket HRMS brings a sigh of relief among HR people, as it helps calculate all the recoverables in no time. This helps them to carry out a smooth exit process paving way for an error-free final settlement.
Entire F&F settlement
Pocket HRMS gives you a broad overview about entire full and final settlement process. It calculates and facilitates you with appropriate F&F amount to be disbursed. It offers information-rich full and final settlement letter summarizing the entire final settlement process.