Gratuity Eligibility
Gratuity eligibility depends on the employment laws of the country where you are employed. In general, gratuity is a sum of money that is paid by an employer to an employee in recognition of their long and meritorious service upon their retirement or resignation. Here are some general guidelines for gratuity eligibility in different countries:
India
In India, the Payment of Gratuity Act, 1972, provides for the payment of gratuity to employees who have completed at least five years of continuous service in an establishment with ten or more employees. The gratuity amount is calculated based on the employee's last drawn salary and the number of years of service completed.
United States
There is no federal law mandating the payment of gratuity in the United States. However, some employers may offer gratuity or a similar form of bonus to their employees as part of their compensation package.
United Kingdom
In the United Kingdom, gratuity is not a common practice, but some employers may choose to offer a bonus to their employees as part of their contract of employment.
It is important to check with your employer and the employment laws in your country to determine your eligibility for gratuity.
Get detailed information:
https://hrone.cloud/payment-of-gratu...lity-and-more/