Calculation of Gratutity

he is not eligible to gratuity.5 years is mandatory

i would like tohow how to calculate wages

Dear Friends,

As per me, we are dragging the subject to confusion state to our frns,

As per the Act, one employee should complete 5 years service in any organisation to get the Gratuity, more over as per the act, he should work minimum 240 days in a calendar year, otherwise he will not get the gratuity for the specific year, for example a employee :

1 st year - worked 280 days
2 nd year - worked 280 days
3rd year - worked 240 days
4 th year - worked 210 days
5 th tear - worked 250 days

The employee is eligible for gratuity, but as per act Specific 4th year ( where he was worked below 240 working days) amount he will not get, but companies normally consider for all the years which he rendered the services. Since, this is retirement benefit.

I feel iam not wrong.

I suggest all frns to put example to share their views, which will give more awareness and knowledge.

Rgds,

PS

Dear Friends,

As per me, we are dragging the subject to confusion state to our frns,

As per the Act, one employee should complete 5 years service in any organisation to get the Gratuity, more over as per the act, he should work minimum 240 days in a calendar year, otherwise he will not get the gratuity for the specific year, for example a employee :

1 st year - worked 280 days
2 nd year - worked 280 days
3rd year - worked 240 days
4 th year - worked 210 days
5 th tear - worked 250 days

The employee is eligible for gratuity, but as per act Specific 4th year amount he will not get, but companies normally consider for all the years which he rendered the services. Since, this is retirement benefit.

Rgds,

PS

dear friends

i woul like to know more about job evaluation.ItsVery important for my exam point of view.please help.

Dear pooja
A man is entitled for gratuity only after serving 5 years of continuous service in the organisation (exeption-death case).
Regards
SWETA