Exit Management & Full & Final Settlement

Ensure smooth, compliant and professional employee exits — with accurate F&F settlements, clearance management and proper offboarding for every separation.

Service Overview

Professional Exit Management for Every Separation

Every employee exit — whether a resignation, retirement or termination — needs to be handled with the same professionalism as onboarding. At Virutcham HR Solutions, our exit management service ensures your organisation handles separations smoothly, legally and without disputes.

We manage the complete offboarding process — from acceptance of resignation and notice period tracking to asset recovery, access revocation and full & final settlement calculation. Our team ensures every rupee owed to the employee is accurately computed and paid on time, and all statutory obligations are properly closed.

We serve businesses in manufacturing, logistics, construction, retail, warehousing and office administration across Chennai — helping them close employee accounts cleanly and compliantly every time.

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Exit management full and final settlement process Chennai
Key Benefits

Why Choose Our Exit Management Service

Accurate F&F Calculation

We compute all dues — pending salary, leave encashment, gratuity, bonus and deductions — accurately to avoid disputes.

Legal Compliance

All exits are handled in line with applicable labour laws — ensuring your business has zero legal exposure from employee separations.

Complete Documentation

Resignation acceptance letters, relieving letters, experience certificates and clearance forms — all properly documented and issued.

Timely Settlement

We ensure full and final settlements are processed and paid within the statutory timeline, protecting your company from penalties.

How It Works

Our Process

1

Resignation or Exit Initiation

We receive and document the resignation or exit notice and confirm the last working day as per contract terms.

2

Clearance & Asset Recovery

Clearance checklist is initiated — covering asset returns, access revocation, knowledge transfer and department sign-offs.

3

F&F Calculation

All dues and deductions are calculated — pending salary, leave balance, gratuity, notice period recovery and statutory closures.

4

Settlement & Documentation

F&F is processed and paid. Relieving letter, experience certificate and all exit documents are issued to the employee.

Industries

Industries We Serve

Manufacturing
Construction
Logistics
Warehousing
Retail
Office Administration
FAQ

Frequently Asked Questions

F&F settlement includes pending salary for days worked, earned leave encashment, gratuity (if eligible), any bonus owed, less deductions like notice period shortfall or advance recoveries and applicable TDS.

Under Indian labour law, the F&F settlement should typically be processed within 30 to 45 days of the last working day. Delays can expose the employer to legal action and penalties.

Yes. We manage all types of separations — voluntary resignations, retirements, mutual separations and involuntary terminations — ensuring each is handled legally and documented properly.

The employee should receive a relieving letter, experience or service certificate, F&F settlement statement and Form 16 for TDS. We ensure all of these are prepared and issued correctly.

Yes. We review the calculation, identify discrepancies and help resolve disputes between the employer and employee — with full documentation support to protect both parties.

Gratuity is calculated as per the Payment of Gratuity Act, 1972 — based on last drawn salary and years of service. We compute this accurately and ensure it is included in the F&F if the employee is eligible (minimum 5 years of service).

Ready to Get Started?

Contact our team in Chennai to discuss your requirements today.

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