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1. Letter Header: Company letterhead, date, reference number, and employee details including employee ID
2. Subject Line: Clear indication that this is a Final Settlement Letter
3. Employment Details: Confirmation of last working day, position held, and duration of employment
4. Settlement Components: Detailed breakdown of all payment components including final salary, end of service gratuity, leave encashment, and any other entitlements
5. Deductions: Clear listing of any applicable deductions such as advance payments or loans
6. Net Settlement Amount: Final amount payable after all calculations and deductions
7. Payment Method: Details of how and when the settlement amount will be paid
8. Clearance Declaration: Statement confirming all company property has been returned and obligations fulfilled
9. Full and Final Settlement: Legal statement confirming this as full and final settlement of all claims
10. Signature Block: Space for signatures of authorized company representative and employee
1. Non-Compete Reminder: Include when the employee's contract contains non-compete clauses that remain effective after termination
2. Confidentiality Obligations: Include when emphasizing ongoing confidentiality obligations is necessary
3. Reference Provision: Include when the company agrees to provide employment references
4. Pending Benefits: Include when there are outstanding benefits like medical insurance extension or flight tickets
5. Visa Status: Include for expatriate employees regarding visa cancellation procedures and timeline
6. Notice Period Settlement: Include when there are specific arrangements regarding notice period (whether served, paid in lieu, or waived)
1. Settlement Calculation Sheet: Detailed breakdown of all calculations including gratuity, leave balance, and other entitlements
2. Company Property Checklist: List of company assets returned by the employee
3. Outstanding Loans/Advances Statement: If applicable, detailed statement of any outstanding loans or advances and their settlement
4. Benefits Status Report: Status of various benefits and their termination dates (medical insurance, etc.)
Banking and Financial Services
Construction and Real Estate
Technology and Communications
Oil and Gas
Healthcare
Retail and Hospitality
Manufacturing
Professional Services
Education
Transportation and Logistics
Media and Entertainment
Tourism
Government and Public Sector
Energy and Utilities
Human Resources
Finance
Legal
Payroll
Administration
Compliance
Employee Relations
Corporate Governance
HR Manager
HR Director
Finance Manager
Legal Counsel
Payroll Manager
HR Business Partner
HR Operations Manager
Compensation and Benefits Manager
HR Administrator
Finance Director
Company Secretary
Chief Human Resources Officer
Employment Law Specialist
HR Compliance Officer
Administrative Manager
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