Dear All,
My query is apropos the method of calculation employed in determining the retrenchment benefit alongwith gratuity payable to a workman with the following service details:
Total service - 21 yrs.
Gross salary- Rs 24,487/-
Leave encashment for 76 days.
Bonus amount - Rs 3454/-
Notice period pay for three months.- ?
Retrenchment Benefit/ severance pay -?
Given the above, would be grateful if an exact amount may please be determined.
My query is apropos the method of calculation employed in determining the retrenchment benefit alongwith gratuity payable to a workman with the following service details:
Total service - 21 yrs.
Gross salary- Rs 24,487/-
Leave encashment for 76 days.
Bonus amount - Rs 3454/-
Notice period pay for three months.- ?
Retrenchment Benefit/ severance pay -?
Given the above, would be grateful if an exact amount may please be determined.