whether gratuity is payable on resignation?
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whether gratuity is payable on resignation?

HARISH ADAKE Started The Discussion:

I had resigned from the central railway after the service of eight and half years. Whether i am entitled to get any gratuity?

sunil_1981dec - Member Since: Oct 2007
yes u should get Gratuity if u have served more than five year and had resigned with a notice period as per the company rules. sunil

umesh V Kulkarni - Member Since: May 2009
Yes Buddy and you are entitled for huge amount
calculation part : if your Basic salary is upto 4000 per month and your eligible for gratuity (after 5 years) your gratuity amount would be arround 32,000( aprox ) 8 and half years it means it would be arround 50,000 +

neha_shukla10 - Member Since: Feb 2009
Now Harish...Put smile on ur face ...u ll definitely get the gratuity amt n thnx Umesh for throwing more lights on calculation part...

c_p_unni - Member Since: Aug 2009
is the gratuity is applicable after the job confirmation? ie..five years after the six months probation period.?

R.N.Khola - Member Since: Feb 2009
For c_p_unni,

DearYour probationary Service period will also be considered for considering service period for entitlement of gratuity.

Regards,

R.N.Khola
Sr. Associate
Skylark Associates, Gurgaon (Haryana)
(Labour Law & Legal Consultants)
09810405361


snrao70 - Member Since: Jul 2009
Dear sir, My friend worked 4Years 8 Months in granite quarry in andhra pradesh after he is resigned. He is eligible for graduity

gkharkar - Member Since: Dec 2006
Yes Harish, you are entitled to gratuity as the same becomes applicable once you complete the uninterrupted service of 5 years with the same organization. And the calculation of the same would be done as follows:
Gratuity amount = No. of years of completed service x last drawn monthly basic salary.

Regards,

Girish

R.N.Khola - Member Since: Feb 2009
Dear Girish, From where you have pick up this gratuity calculation formula ? Regards, R.N.Khola Sr. Associate Skylark Associates, Gurgaon (Haryana) (Labour Law & Legal Consultants) 09810405361

sanagapalli - Member Since: Aug 2009
Quote:
Originally Posted by HARISH ADAKE View Post
I had resigned from the central railway after the service of eight and half years. Whether i am entitled to get any gratuity?
Dear friend
You are definetely entitled for gratuity at the rate of 15 days Basic salary + Admissible DA for every completed one year of service. Since you have completed 8 and half years service, you will entitled for four and half months salary+DA in total. Half year will be counted as full year and less than half year will be ignored.:-D



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