Hello!
I have been appointed as HR Manager in an organization. I don't have any experience in HR as I am a fresher.
My boss has asked me to look into the Gratuity issue of the employees. I know that Gratuity is to be paid to every employee leaving the organization having more than 5 Years of employment with that very organisation.
Now, my query is out of which funds does a employed need to pay Gratuity? Do I need to tie up with an insurer to pay monthly contribution for employees in Gratutiy fund head?
Kindly help me out.
Regards.
I have been appointed as HR Manager in an organization. I don't have any experience in HR as I am a fresher.
My boss has asked me to look into the Gratuity issue of the employees. I know that Gratuity is to be paid to every employee leaving the organization having more than 5 Years of employment with that very organisation.
Now, my query is out of which funds does a employed need to pay Gratuity? Do I need to tie up with an insurer to pay monthly contribution for employees in Gratutiy fund head?
Kindly help me out.
Regards.