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Search for "Ex Gratia Payment After Leaving Company Eligible"


About ex-gratia
Hi freinds i just signed in to this group. could anyone tell me if it is mandatory for the organisation to pay exgratia on resigning from the services. so far as i know the eligibity for exgratia in such a circumstance must be proved and must be mentioned in the appointment / confirmation letter for availing this benefit. now if the appointment letter speicified and after a few years the employee does not fall in the group to get bonus. the company pays exgratia year after year. the company also provides a pay slip confirming the payment exgratia. thus this confirm the eligibility of the candidate for getting exgratia while leaving the company? could anybody throw some light on this issue? shantanu
Ex-gratia payment to resigned-employee
Hello i have a query one of our employee has resigned from the company he will be releived next month. this month we are paying all the other employees exgratia is he also eligible for it. we haven t mentioned it as a part of ctc only the appointment letter says 'the company may pay on an annual basis a special merit exgratia' . experts please give your comments as well as any legal implication thanks & regards mousmi
Gratuity instead of ex gratia payment as part of severence pay
I have completed 5.5 years in company hence eligible for gratuity. recently been laid off. now as part of compensation all employees are getting exgratia amount equal to 15 days multiplied by number of years in service. in my case they are saying you will get gratuity only instead of ex gratia. hence want to know opinion on this. i feel gratuity was my right anyhow by law and i should be getting exgratia also otherwise what is benefit i am getting for working for more than 5 years from employees who have worked for less than 5 years.
Ex-gratia
Hi iam working in public sector since 1.5years.our company is loss making so i need details of diwali exgratia eligible criteria.
Gratuity as part of ctc despite not being applicable
Isnt it illegitimate on the part of the employer to mention a gratuity component in the ctc until the employee completes 5 years? especially since 1. the employee is not eligible for this component until he completes 5 years so why deduct this from his ctc for the first 5 years? 2. he is not even eligible under the pga 1972 if his basic da are above rs. 10000 yet many companies still include this in his/her ctc. isn t this a very common scenario and a cause of confusion at the time of employee exit? what happens to the money that is deducted from the employees ctc year after year should he leave short of 5 years. i see many responses here just stating that pga is not applicable until 5 years. but that is not the question being raised here. no one is questioning pga 1972. please stay focused on this. what is being questioned is what happens to the amount under the following circumstance. case 1 employee leaves in 4 years. his/her ctc included gratuity component in the annual appraisal for last 3 years his/her basic da was from the start well above rs. 10000 and yet the company cited 'as per pga 1972' against the gratuity component despite the above. the company made the deduction from employees for the last 3 years under the guise of it being retained towards accrued gratuity despite not being applicable. now that the employee is leaving and demands payment of this through an exgratia payment. i understand that this is the general practice followed my many honest companies to revert the amount via a ex gratia payment?
Three salaries in lieu of bonus is legal?
Hi seniors our management has decided to pay three salaries for all employees irrespective of their date of joining or minimum or maximum bonus eligibility as exgratia payment but not as bonus. is it offence? because our company define bonus as profit sharing not as gift. therefore they say this is exgratia payment according to our company policy. will labour inspector under bonus act can penalise our company? please reply. regards rashid