Dear Seniors, I understand that an employee needs to be in continuous service for more than 5 years to claim gratuity. I also know that we round off the number of years to months for gratuity calculation. Does that mean if an employee has worked for 4 years and 8 months, they too are eligible for gratuity as the years of service can be rounded up to "5"? Kindly advise.
Regards
From India, New Delhi
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From India, New Delhi
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Less than 5 years service - Eligibility for payment of gratuity.pdf
Gratuity calculation.doc