Why exits go wrong at growing companies and startups
An exit touches everything at once: the last salary, leave encashment, gratuity, recoveries, and the letters the employee carries to their next job. At most growing companies this lands on one person, assembled from a payslip here and an email there. The departing employee, meanwhile, judges the company by how cleanly the ending is handled. A slow or wrong settlement is the last impression, and it travels.
Separation letters generated, not drafted from scratch
The separation letter comes from the employee record, so names, dates, and designations are right the first time. No copy of last quarter's letter with the wrong name lurking in paragraph two.
A dedicated full and final settlement module
F&F on Offrd is its own module, not a template. Every settlement gets a reference ID in the format OFFR/FNF/YYYY/NNNN and moves through a draft to approved lifecycle, so a half finished settlement is visibly a draft. A three block editor structures the document, with 19 standard deduction heads and 13 exit specific payouts available, from leave encashment to recoveries.
The settlement pulls from the same salary heads as the payslip. That single fact removes the commonest F&F dispute, where the settlement and the last payslip disagree and nobody can say which is right. See the full and final settlement software page for the module detail.
Gratuity, computed by the statute
Gratuity follows the formula: 15 times wages times completed years of service, divided by 26, with a ₹20 lakh ceiling. Under the new Labour Codes, fixed term employees become eligible after 1 year of service. The computation sits inside the settlement rather than in a side spreadsheet. The full and final settlement statutory guide covers the rules in depth.
Closed from one screen, kept forever
The settlement is processed and closed in one place, and the documents remain in the record after the employee has left. When a background verification call comes eighteen months later, or the employee needs a copy of their settlement, the paperwork is retrievable rather than interred in an old laptop. Exit documents price like everything else on Offrd: ₹99 per document on pay per use, with 50 free credits on signup.
Who this stage is built for
At a 5 to 75 person company, exits are occasional and each one is handled by whoever handles HR that month. There is no exit desk and no settlement specialist. The risk is not volume, it is unfamiliarity: the person computing this quarter's F&F may not have done one since last year. A module that structures the settlement, numbers it, and pulls the figures from payroll turns an unfamiliar task into a bounded one.
Why the payslip and the settlement must agree
Most F&F disputes are not about the law, they are about arithmetic provenance. The employee compares the settlement against their last payslip, finds a head that differs, and the argument starts there. Because Offrd's settlement pulls from the same salary heads as the payslip, that comparison comes out clean, and the argument never starts.
The lifecycle closes, and begins again
An exit closes one record while the next hire opens another. The whole loop starts back at hire employees, and the daily work continues at manage employees. One system, one set of records, from the first resume you screen to the last settlement you close.
Pricing
₹99 per document on pay per use, or ₹50 per active employee per month on subscription. 50 free credits on signup. Full plans at pricing.