Retrenchment Compensation Payment Problem - XLS Download

Madhu.T.K
Please go through the posts, answer to your query is there in it
Madhu.T.K
slamba_009
Whether the above payment is over & above Gratuity Payment. Suppose, he worked for 4 years & accordingly 2 months wages paid to him. what about the payment of Gratuity.
Madhu.T.K
Retrenchment compensation discussed above is over and above the amount payable as Gratuity following the Payment of Gratuity Act. Therefore, for those who qualify for gratuity ( qualify means to be eligible to get it by working for at least 5 years of service) it should also be paid along with retrenchment compensation
Madhu.T.K
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