Clarification on Gratuity as Part of CTC
I just want to clarify that if gratuity is part of the CTC, an employee must receive their gratuity amount upon leaving the company, whether they have worked for 2 years or more than 5 years. I understand that the payment of gratuity is payable upon completion of 5 years of work. However, if the company does not pay it annually or upon departure, should it still be considered part of the CTC?
Regards.
I just want to clarify that if gratuity is part of the CTC, an employee must receive their gratuity amount upon leaving the company, whether they have worked for 2 years or more than 5 years. I understand that the payment of gratuity is payable upon completion of 5 years of work. However, if the company does not pay it annually or upon departure, should it still be considered part of the CTC?
Regards.