Hi, I would like to seek clarification regarding the Full & Final (F&F) settlement process and its standard processing timeline after an employee's last working day. As per the new Labour Wage Act (LWA), I understand the settlement is to be completed within 2 days. Could you please confirm whether the same is applicable in our PWC AC?
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Yes as per new policy within 2 days they need to do,but it depends on company finanace team they can do it within 20 days
Would like to understand how do they calculate gratuity?? Is it based on past basic pay or past withdrawn salary including flexible pay
Check any site. It is by law. Calculation is easily available.