Dear seniors
i have few query related to gratuity
1. suppose an employee works for 11 year continous service in any organisation can he take gratuity twice say after 5 year and then after next year .
2. can we count notice period for entitlement of gratuity during full 7 final settlement.
3.i have seen various comment some say person should have worked for 5 year for gratuity entitlement ,few says he should have worked for 240 day in 5th year which one is correct as per statutory provisions.(big confusion).
4. what is the purpose of gratuity insurance because in few ctc structure gratuity as well as gratuity insurance both are part of ctc. .
Regards
i have few query related to gratuity
1. suppose an employee works for 11 year continous service in any organisation can he take gratuity twice say after 5 year and then after next year .
2. can we count notice period for entitlement of gratuity during full 7 final settlement.
3.i have seen various comment some say person should have worked for 5 year for gratuity entitlement ,few says he should have worked for 240 day in 5th year which one is correct as per statutory provisions.(big confusion).
4. what is the purpose of gratuity insurance because in few ctc structure gratuity as well as gratuity insurance both are part of ctc. .
Regards