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Exit Management & FnF

Structured offboarding with clearance checklists and FnF settlement

Manage employee exit lifecycle — resignation handling, notice period tracking, multi-department clearance, exit interviews, and Full & Final settlement calculation.

How It Works

Step-by-step workflow — watch the process flow

1
Step 1

Employee Resigns

Employee submits resignation with reason and requested last working day.

2
Step 2

Manager Reviews

Manager reviews resignation, may discuss retention. Approves with confirmed last working day.

3
Step 3

Clearance Process

Multi-department sign-off: IT (return devices), Finance (settle advances), HR (benefits), Admin (access cards), Manager (handover).

4
Step 4

Exit Interview

HR sends exit questionnaire. Employee provides confidential feedback on experience.

5
Step 5

FnF Calculation

System calculates: pending salary + leave encashment + gratuity - notice recovery - loan recovery = Net Payable.

6
Step 6

FnF Approval & Payout

HR reviews FnF statement. On approval, settlement is processed and employee status changes to TERMINATED.

What You Can Customize

Configure the module to match your organization's policies

1

Clearance Checklist

Configure exit checklist items per department. Default departments: IT, Finance, HR, Admin, Manager. Each can have custom checklist items.

2

Notice Period

Set default notice period in employee terms. System auto-calculates last working day. Supports notice waiver and buyout.

3

FnF Components

Configure which components are included: pending salary, leave encashment, gratuity (5+ years), bonus, notice recovery, loan recovery.

4

Gratuity Rules

Gratuity calculated as: (Last Basic × 15 × Years of Service) / 26. Applicable after 5 years of service.

5

Exit Interview

Customize exit interview questionnaire. Responses are confidential and accessible only to HR.

Key Features

What makes this module powerful

Structured resignation workflow
Multi-department clearance checklists
Confidential exit interviews
Full & Final settlement calculation
Leave encashment in FnF
Notice period recovery tracking

Frequently Asked Questions

Common questions about Exit Management & FnF

Q:How is gratuity calculated?

Gratuity = (Last drawn Basic salary × 15 × Years of service) / 26. It is applicable only for employees who have completed 5 or more years of continuous service.

Q:What happens to pending loans during exit?

Outstanding loan balance is auto-populated in the FnF deductions. The remaining amount is recovered from the final settlement.

Q:Can the notice period be waived?

Yes — managers/HR can waive the notice period partially or fully. If the employee doesn't serve full notice, the recovery amount (days × daily salary) is deducted from FnF.

Need more help with Exit Management & FnF?

Our team can walk you through the setup and configuration.