I want to know about one thing that, if an employee joins a company on contract basis and he/she has regularised after three years of continuous service and also he/she has been completed 5years 6 months 3 days as continuous service. So is he/she eligible for gratuity or not. If eligible, please brief me about calculation of amount.
From India, Delhi
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Sr.manager - Hr&admin
KK!HRIt is not clear whether the 5 year + service is cumulative or the service rendered anew after contract service. In either case, the employee is eligible. However, for determining the continuous service period this is to be seen, if for all intents and purposes there is a complete break in service between them then only there is no continuity. Your post shows being regularised in service after three years of contract service which prima facie is indicative of continuity. Check this aspect before calculating gratuity.
From India, Mumbai
After the end of the contract period whether the employee is regularized on regular rolls immediately or is there any break between two. If the employee was regularized then Gratuity to be processed based on last drawn Basic+DA x 15/26 * number of years completed.
From India, Madras
rkn61Criterion for eligibility for gratuity payment of five years "continuous"service, then he/she is eligible to receive gratuity payment
From India, Aizawl