Dear Members,
Kindly let me know, how can a employer manage the gratuity liabilty through Group Gratuity Schemes offered by various insurance companies.
Is gratutity directly paid to employees by the insurance company?
But, if an employee leaves the organisation before 5yrs of service, how is the premium paid by the company refeunded?
Regards
Sandhya Madaan Mahajan
Kindly let me know, how can a employer manage the gratuity liabilty through Group Gratuity Schemes offered by various insurance companies.
Is gratutity directly paid to employees by the insurance company?
But, if an employee leaves the organisation before 5yrs of service, how is the premium paid by the company refeunded?
Regards
Sandhya Madaan Mahajan