Gratuity and Hiring at 55: Is It Part of the Employee's CTC Package?

babita-mohanty
Sir, if I am appointing an employee at the age of 55 years, will gratuity be a component of his CTC? Please clarify. Thank you.
Madhu.T.K
For claiming gratuity, age is not a factor. If an employee completes five years of service, when leaving, they should be paid gratuity.
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