Hi sir / Madam, Could you please explain the meaning of fixed-term employee and if there is any deduction of gratuity amount?
From India, Chennai
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From India, Chennai
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Hi,
What is Fixed-term Employment?
Fixed-term employment refers to a contract of employment in which a company hires an employee for a specific period of time. This contract is subject to renewal after its expiry, based on the company's requirements. If the employment contract extends for a longer period, including the renewal of the contract period without any break, the employee becomes eligible for gratuity when the total contract period exceeds 5 years. This eligibility is provided that the employee has worked for the employer on a full-time basis and not on a part-time basis.
From India, Madras
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1016What is Fixed-term Employment?
Fixed-term employment refers to a contract of employment in which a company hires an employee for a specific period of time. This contract is subject to renewal after its expiry, based on the company's requirements. If the employment contract extends for a longer period, including the renewal of the contract period without any break, the employee becomes eligible for gratuity when the total contract period exceeds 5 years. This eligibility is provided that the employee has worked for the employer on a full-time basis and not on a part-time basis.
From India, Madras
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