Employee Separation and Final Settlement: Process and Calculation

Introduction: Employee Separation is one of the important process for HR. In this process HR should be very much careful about the procedure, calculation and documentation. As sometimes employee may challenge against any decision. So that, Separation is being treated as one of the most critical function for HR.

Considering this aspect, we tried to make it more concise, concrete and to the point. In this workshop the full process and calculation with example has been discussed. So, any people after the session can apply the skills.

Objective of the Program: After successful completion of the program, the participants will

• Be able to Maintain the full process for Final Settlement
• Be able to Calculate the Amount after Final Settlement
• Be able to maintain proper documentation
• Be able to design Final Settlement Format/ Tool as per organization’s requirement

Major areas to be covered:

• Mode of Employee Separation
• Employee Separation Process
• Employee Separation: Documents required
• Principles for Calculating in case of Employee Separation
• Issues to be considered while calculating Final Settlement Amount
• Tool for Final Settlement Calculation: Important Information
• Sample Format for Final Settlement
• Consideration of Bangladesh labor Law for Final Settlement