What is the difference between a gratuity and a tip?
From India, Noida
Dear Neelima,
If you refer to the dictionary then you will find that the meaning of "gratuity" and "tip" is same. The word gratuity has two meanings viz.:
a) a tip given to a waiter, taxi driver, etc. The synonym of this word are tip, gift, present, donation, reward, handout, recompense, boon etc.
b) a sum of money paid to an employee at the end of a period of employment.
Explanation for the meaning (b): - Payment of gratuity is a statutory requirement under the provisions of Payment of Gratuity Act, 1972. Employer must comply with the provisions of this act. Please note that this payment is by the employer and not by the customer.
On checking internet, I found the following article. It may be of interest to you:
Dinesh Divekar

From India, Bangalore

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.

Please Login To Add Reply →

About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2021 CiteHR™

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server