Employee exit: calculators, guides and terms
When an employee leaves, a few things have to happen in order: the notice period runs out or is bought out, the final wages and dues are worked out, gratuity is checked, and the experience and relieving letters are issued. Under the Code on Wages, 2019, wages due on exit must be paid within two working days, and under the Code on Social Security, 2020, gratuity must be paid within thirty days of becoming payable. The notice period itself is set by the appointment letter or company policy. This page brings together HRexora's free calculators, guides and plain-English definitions for each step, so HR teams and employees can check the numbers and paperwork in one place.
Calculators
Full and final settlement calculator
Last salary, leave encashment, notice pay, gratuity and deductions, with the dates they are due.
OpenNotice period calculator
Your last working day from your resignation date and notice period, the days short if you leave early, and the buyout.
OpenLeave encashment calculator
Leave encashment on exit and the tax-free part under section 19: the four limits and the ₹25 lakh cap.
OpenGratuity calculator
The 15/26 formula under the new Labour Code, with eligibility and the ₹20 lakh cap.
OpenTeam gratuity calculator
Gratuity for your whole team in one table - eligible now, payable today, accrued. Up to 10 employees free.
OpenGuides
Experience Letter and Relieving Letter Format for India (2026)
Experience letter and relieving letter formats for India, what each one must say, sample text, and what the employer must settle on exit.
ReadHR Policy in India: What the Model Standing Orders, 2026 Say
What an HR policy in India should cover, when standing orders are mandatory under the Industrial Relations Code, and what the Model Standing Orders, 2026 say.
ReadWarning Letter Format for Employees (India, 2026)
A warning letter format for employees in India, what to include, and how the Model Standing Orders, 2026 treat misconduct, enquiry and penalties.
ReadResignation Letter Format for India (2026)
Resignation letter format for India with three samples, what to include, how notice period works, and a free Word and PDF template to download.
ReadTerms
Full and final settlement (FnF)
Full and final settlement (FnF) is the last payment an employer makes when someone leaves. It covers salary for the days worked, leave encashment, notice pay, bonus and gratuity, minus recoveries such as unserved notice or advances. Under the Code on Wages, wages must be paid within two working days of the exit.
ReadNotice period
A notice period is the time between resigning, or being told to leave, and your last working day. For most jobs in India it is set by your appointment letter, often 30 to 90 days. For workers who are retrenched, the Industrial Relations Code requires one month's written notice or wages in lieu.
ReadGratuity
Gratuity is a lump-sum payment an employer makes to an employee for long service, usually when they leave or retire. It is 15/26 of the last drawn monthly basic + DA for every year of service. Regular employees qualify after 5 years; fixed-term employees have no minimum service and are paid pro rata under the Code on Social Security, in force from 21 November 2025.
Read