Author: iFive Technology Private Limited
Founded in 2011, iFive Technology has rapidly emerged as a leading IT solutions provider Specializing in consulting, process automation, and software development. With over a decade of experience, we help businesses scale new heights by offering innovative solutions that meet the demands of today's competitive arena. Our team comprises highly skilled professionals with over 15+ years of combined expertise across various industries. We leverage our deep domain knowledge, industry best practices, and trending technologies to optimize workflows and deliver cost-efficient industry solutions.
Employee exits happen. Confusion, delayed payments, and awkward follow-ups don’t have to. Yet, for many organisations, the Full and Final (FNF) settlement becomes one of the messiest parts of an employee’s journey.For employees, it’s the moment that decides whether they leave with trust or frustration.For employers, it’s a direct reflection of professionalism, compliance, and culture. So what exactly is an FNF settlement, and why does it matter more than most people realise?Let’s break it down without overcomplicating it. What Is an FNF Settlement (Really)? An FNF settlement is the final financial closure between an employee and an organisation when the employee exits. It includes everything that needs…

