I would like to know how is the gratuity payout calculated. I have heard that its 15 days of pay based on your current pay structure. Not too sure....
From United Kingdom, London
Acknowledge(0)
Amend(0)
1From United Kingdom, London
Acknowledge(0)Amend(0)
Gratuity formula is as under Basic + DA at the time of leaving *15 * number of years of completed service / 26 Siva
From India, Chennai
Acknowledge(1)Amend(0)
From India, Chennai
Acknowledge(1)Amend(0)
DA stands for Dearness Allowance. It may not be there in in BPOs or it may not be paid at senior levels It is paid to nutralise inflation Daily Allowance does not attract gratuity or PF or Bonus Siva
From India, Chennai
Acknowledge(0)Amend(0)
From India, Chennai
Acknowledge(0)Amend(0)
Gratuity = BASIC + DA/26*15*No.of Year of Services Eligibility Criteria is Minimum compilation of 5 Year of services.
From India, Pune
Acknowledge(1)
Amend(0)
From India, Pune
Acknowledge(1)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Employee Benefits.doc
SBT Vs Asst. Labour Commissioner- Gratuity dismissed employee-LTS.PD F