Dear All,
I work for an IT company ( SME Level ). and I am the only employee who has completed 6 years of service.
One day i was having a policy discussion with my HR Head and I suggested him to start a trust or some saving for gratuity compensation for employees. But he denied saying we dont have to pay gratuity to employees and that we are not covered under it as gratuity is payable only by the companies coming under Factories act.
I would like to know is it true?, what is the eligibility criteria for company coverd under shop n establishment act?
Thanks & regards
Supriya
I work for an IT company ( SME Level ). and I am the only employee who has completed 6 years of service.
One day i was having a policy discussion with my HR Head and I suggested him to start a trust or some saving for gratuity compensation for employees. But he denied saying we dont have to pay gratuity to employees and that we are not covered under it as gratuity is payable only by the companies coming under Factories act.
I would like to know is it true?, what is the eligibility criteria for company coverd under shop n establishment act?
Thanks & regards
Supriya