Whether Gratuity is payable or not

vikram_hr · #51 06-11-2009, 01:24 PM

Not required as he has not completed his 5 years of services. As a HR person, you can suggest him to complete another few days service and take the eligibility for benefit.
Regards,
Vikram

jolsakash · #52 06-11-2009, 07:14 PM

As per the Gratuity Act, an employee becomes eligible for gratuity if he completes 5 years of continuous employment or part thereof in excess of Six months. This employee is eligible for Gratuity. Kindly include the same in the F&F.

sheoran.amit · #53 07-11-2009, 09:13 AM

Dear Deepak, As per act if a person has worked for 240 days including holidays than it will be be assumed as a complete year. In your case the person has worked around four year and 10 months which is sufficient to be calculated as five year.There is a rule that Gratuity is payable after 5 year but apart from this there are situations and conditions.For simple understanding In normal cases if a person has worked for 8 year and 9 months than we are paying in gratuity of 9 year.So why not in this case.So please pay him.RegardsAmit

sumispj · #54 07-11-2009, 01:36 PM

hi Deepak

I want to tell you that GRATUTY is only applicable when an employee has complited 5 yrs. if he / she has not completed 5 yrs of his service then he is not applicable for gratuty. After 5 yrs. if he / she has completed another 6 months then that would be count as 6th yr. of their service & if he / she has not completed his 6 months then he / she would be counted as only 5 yrs. of His service. I am sending yopu an attachment with this mail.
I hope this can help you.

Regards
Suman Parashar

khalidghafoor71 · #55 07-11-2009, 01:59 PM

Yes every company has its own way of calculting gratuity for eg. In my company we pay gratuity according to monthly % of the employee stay in co.

For service less than 24 months:nil
for service of 25 months to 36 months = 25% of gross salary
for service of 37 to 48 months = 50% of gross salary
for service of 49 moths and over= 100 % of gross salary

regrds

khalid ghafoor
dm-hr
lucky cement ltd
karachi-pakistan

jagdish.pathak · #56 07-11-2009, 02:03 PM

Hi,
Gratuity is payable only after completion of five years.
Thanks,
Jagdish Pathak

sathish.hr1975 · #57 09-11-2009, 02:22 PM

Dear friend,

Gratuity is applicable, although he has not completed continous service of 5 years. If an employee completes 4 years + 240 days continous service Gratuity to be paid considering it as completion of 5 years service.

Bai,
P.Sathish Kumar

Quote:

Originally Posted by deep_desh29

Hi All

One of my employee recently resigned from his company services

I wants to preapre his full and final settlement.

Please tell me whether gratuity is applicable to him or not?

His date of Joining is 13.12.2004 and date of leaving is 30.10.2009

you can call me on
Deepak
9922888112