Calculation Of Gratuity [Thread 601744]

karan-bhalekar
How to calculate gratuity on 5 years 6 months 13 days?
JudeGR
6*last drawn basic *15/26
Wish you good luck
karan-bhalekar
Dear JudeGR,
But our company HR have calculated the gratuity only on 5 years because he says if employee complete 5 years 6 months and 13 days than it will be considered only 5 years in gratuity?
JudeGR
Try to consult with the representatives at labour commissioner office to which that company belongs to.
nathrao
The company needs to follow rules which say the time period of over six months or more is considered as one year.
Since person has complete 5 years and 6 months +13 days,the time period for gratuity becomes 6.
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