Dear Seniors
The payment of Gratuvity will be paid in yearly basis or Every Year after an employee has reaches the eligibility period of 5 years. is it Possible.
Please let me know the different mode of Payment of Gratuvity.
thanks in advance
Regards
Rajni
From India, Karur
The payment of Gratuvity will be paid in yearly basis or Every Year after an employee has reaches the eligibility period of 5 years. is it Possible.
Please let me know the different mode of Payment of Gratuvity.
thanks in advance
Regards
Rajni
From India, Karur
Employee will be eligible for gratuity only when he or she completes 5 years of work sucessfully under the same organisation.
From India, Bangalore
From India, Bangalore
Dear Sir
An employee will be entitled to gratuity under the Payment of Gratuity Act only if he had completed five year of continuous service and his services with the employer comes to an end on account of resignation,retirement on attaining the age of superannuatio or death. Employer is liable to pay the gratuity amount only when the employee leaves the services of the company not during every year.
From India, Madras
169An employee will be entitled to gratuity under the Payment of Gratuity Act only if he had completed five year of continuous service and his services with the employer comes to an end on account of resignation,retirement on attaining the age of superannuatio or death. Employer is liable to pay the gratuity amount only when the employee leaves the services of the company not during every year.
From India, Madras
Gratuity is one of the benefit of an employee and it is paid only he serves the organization continuously for 5 years with any break in the services.The payment of gratuity is done only when he/she is separated from the company, not every year after he completes the five years of services.
From India, Bangalore
From India, Bangalore
Hi,
Just want to know if company terminate employee for any reason definitely not for misconduct when employee is entered in his 5th year service with company.
1) Is employee liable to get the gratuity in such case.
2) If gratuity amount is included in CTC. Then at the time of F&F gratuity amount deducted every year should be added in F & F or not.
Pls share your views on same
From India, Pune
Just want to know if company terminate employee for any reason definitely not for misconduct when employee is entered in his 5th year service with company.
1) Is employee liable to get the gratuity in such case.
2) If gratuity amount is included in CTC. Then at the time of F&F gratuity amount deducted every year should be added in F & F or not.
Pls share your views on same
From India, Pune
Dear Sunil Please clarify the reasons for the termination. This is necessary to give a view. Further are you talking about an employee who is covered by the Payment of Gratuity Act? please clarify
From India, Madras
From India, Madras
Hi,
Its basically retrenchment.
Basically company has included Gratuity component in their CTC calculation. So every year when they revise the salary it get calculated and that amount is considered in CTC. Employees are covered under the Gratuity act. So whenever new employee joins company Gratuity amount is a part of CTC
From India, Pune
Its basically retrenchment.
Basically company has included Gratuity component in their CTC calculation. So every year when they revise the salary it get calculated and that amount is considered in CTC. Employees are covered under the Gratuity act. So whenever new employee joins company Gratuity amount is a part of CTC
From India, Pune
Dear Sir, If Gratuity is not deducted from CTC then an employee liable for Gratuity after complition of 5 year services or not?
From India, Surat
From India, Surat
Dear Sir, If gratuity not deducted in CTC Is that employee liable for gratuity after completion of 5 year service. If possible give some document for that. Ramesh Patel
From India, Surat
From India, Surat
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