Calculation Of Total Number Of Years - Gratuity Act 1972Calculation

champ_HR
Dear HR Aspirants,
This is shekhar working in an automobile manufacturing at noida.
From the extent of Gratuity Act 1972, I am a bit confused over calculation of gratuity, suppose if any employee completed 8 yrs, 6 months and 0 days in continuous basis than how do i calculated the total number of years of service whether i should consider this as 9 years or 8 years ?
Pls comment
saiconsult
If it is 8 yrs and exactly 6 months, then gratuity shall be computed for 8 years only because a fraction of the service will be rounded off to an year if it is in excess of six months.B.Saikumar, ,
Dr.Prashanth Verma
If it is 8 years 6 months and 0 days, Gratuity to be calculated for 8 years only..Dr.Prashanth Verma, Director, Value HR First Consulting..
pratheekshaa
Completed services and part thereof such as 8 years and 6 months should be calculated as 9 years and at the same time 4years and 6 months should not be calculated as 5 years
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