Can a company hold your relieving letter?

Yes! An employer can deny relieving letter as they have the rights to deny issuing a relieving and experience certificate.

How is final settlement calculation?

Calculation of per day basic: (number of days of non-availed leaves * basic salary) / 26 days ( Avg paid days in a month). As per Section 7 (3) of the Payment of Gratuity Act 1972, Gratuity should be offered within 30 days of the resignation. If you fail to do so you need to pay with interest.

What to do when the current employer is not giving relieving letter?

Machine Learning Engineer|Lead Product UX – Apply Now ! Things to do when the Current Employer is not giving you/delaying relieving letter : 1. Check your appointment letter, if there is a clause that either parties can compensate for not serving the notice ( this clause would definitely be there in the appointment letter).

Can I give a letter of releiving to an ex employer?

However, if present employer is not willing to give releiving letter, you can apprise of the situaltion to would be employer and I am sure would be employer will undrstand your situation. Even, you can give some sort of affidevit (as a surety) to the would be employer that I have no liability of ex employer.

When do you write a release letter to an employee?

The release letters may be written after the employee has finished his/her contract may be any other reason. The letter is written by the higher officials and the employee who is leaving the job for his/her the letter is very much essential. The employer writes a Release letter to his employee, which indicates his wish to resign…

Do I have to pay for relieving letter after 3 months?

In my appointment letter it is clearly mentioned that you have to give a notice period of 3 months or pay the basic salary for 3 months and can get the relieving letter. But my HR is forcing me to stay for another 2 months to get a relieving letter, even I am ready to pay the amount.