1. Is gratuity been given by employer OR will it be deducted in employee\'s salary and given back to employee after completing 5yrs ?
2. Suppose an employee completed 2yrs and till then employer has not deducted the gratuity amount from employee salary. Can the employer ask employee now to payback the gratutity amount of past 2yrs which will only be given after completing 5 yrs ?
17th February 2012 From United States, Cambridge

K_shenbagarajan
India, Mumbai
Gm - Hr
Tiwaryhr@gmail.com
India, Jamshedpur
Asst. Manager-h.r
Mspatil.hr
India, Bangalore
Asst Manager Hr
Subha89
United States, Cambridge
Software Engineer
+1 Other

its been paid by the Employer after completion of 5 yrs of continues service. there is no deduction from employee.
17th February 2012 From India, Bangalore
Hi Subha
Gratuity is a lumpsum amount given by an employer computed as per the formula under the Gratuity Act at the time of resignation or retirement or disability etc. provided the employee has completed a continuous service of five years. It is not subject to any deduction from the employee's salary.
B.Saikumar
HR & Labour Law Advisor
Mumbai
09930532927
17th February 2012 From India, Mumbai
Hellow Dear, Do you have any idea of gratuity premium paid by employer?What is the formula of Gratuity deduction from employer? Ganesh
17th February 2012 From India, Jamshedpur
Dear Subha,
Your answers in BOLD.
1. Is gratuity been given by employer OR will it be deducted in employee\'s salary and given back to employee after completing 5yrs ?
Gratuity is a retrial benefit paid by the employer when the employee serves minimum 5 yrs in the organisation. The employee will not be deducted any amount for gratuity.
2. Suppose an employee completed 2yrs and till then employer has not deducted the gratuity amount from employee salary. Can the employer ask employee now to payback the gratutity amount of past 2yrs which will only be given after completing 5 yrs ?
There is no question of employee paying for gratuity. Employer is only liable to pay the gratuity amount to the employee if the employee serves 5 yrs in the organisation.
Gratuity will be paid by the employer as follows
Last drawn Basic + DA / 26 * 15 * No of years (Minimum 5 yrs)
17th February 2012 From India, Mumbai
 

Discuss problems openly with your peers around the world without getting into company specifics. Access to years of such problem discussion data and business material is at your finger tips.
All resources created by our members are available to everyone at no cost.





Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.


About Us - Advertise - Contact Us - RSS   On Google+  
Privacy Policy | Disclaimer | Terms Of Service
Facebook Page | Follow Us On Twitter | Linkedin Network





X