Whether Gratuity is payable or not

sesha1981 · #31 05-11-2009, 09:14 AM

Dear Deepak,

Grauity only applicable after 4 Years 8 month is applicable .please check once again with Grautiy act.

bensonjy · #32 05-11-2009, 09:37 AM

Company with ten or more persons employed or were employed, on any day of the preceding twelve months; are eligible to pay Gratuity to their employees who complete 5 years in their organization

Benson

Jiffy · #33 05-11-2009, 09:52 AM

Hi Deepak,

The employee has to complete a full 5 years in an organisation in order to get eligible for gratuity. So calculate and see for yourself. He wont be eligible for gratuity.

Rgds,
Jiffy

kumaresank · #34 05-11-2009, 10:07 AM

Employee is eligible for Gratuity, as he served for more than 4 years and 6 months, which has to be presumed as completed mandatory 5yrs of service for eligiblity.

rajrosmsw · #35 05-11-2009, 10:56 AM

Dear he has completed 4 years & 9 Month

so he is elligible for Gratuity

tarun2506 · #36 05-11-2009, 11:01 AM

Hi Deepak,

Gratuity is payable on completion of 5 continuous years .

The definiton of continuous year is as follows: if the employee has worked in 240 days in a year that is considered as one complete year.

Hence if an employee has workwed for 4 years and 240 days in an organization he is eligible to get gratuity.

Regards

Tarun Gaur

akhilesh dubey · #37 05-11-2009, 11:18 AM

Gratuity is not payable.

Manager Marketing & Marketing Executives - Jaipur - Marketing Jobs - All Cities of Rajasthan

cmmohla · #38 05-11-2009, 11:37 AM

dear deepak,

If the employee has not completed 5 years of service, he is not eligible for gratuity. you can also refer to the payment of gratuity Act for the same.

vasanthapriya · #39 05-11-2009, 11:59 AM

4yrs 240 days is eligible to get gratuity yar

exiafsergeant · #40 05-11-2009, 12:08 PM

Dear DEEP,
Gratuity is payable to the employee in your case, as he has completed 4 years, 9 Months of service.
For calculation part of gratuity, there are different rules and if an employee has worked for 240 days in the previous/current year than that is to counted as one year (Only for calculation purpose - eligibility for one year)
Do you know how to derive the amount ? If not pl revert to me.
Thanks,
Exserg