Hi
If some one employee completed his service more than 5 years in a same company. Is he eligible for graduity and on which basis calculate the amount of graduity. Pls clarify any one with a calculation.
Regards
Rakesh
From India, Jammu
If some one employee completed his service more than 5 years in a same company. Is he eligible for graduity and on which basis calculate the amount of graduity. Pls clarify any one with a calculation.
Regards
Rakesh
From India, Jammu
Also you can go to this thread https://www.citehr.com/219335-about-gratuity.html where numbers of people have discussed on the same subject and im sure you'll get more details on that
From India, Gurgaon
663From India, Gurgaon
Hi Rakesh,
If Any person Completed the 5 years of service. He is eligible for Graduity,
In that , If ex: 5 years 3 months means will take 5 years , if 5 years More then 6 months means will added to the next year.
Graduity Calculation = Basic Salary x15xNo.of years
------------------------------------------------
standard w.days
As per act.
From India, Coimbatore
If Any person Completed the 5 years of service. He is eligible for Graduity,
In that , If ex: 5 years 3 months means will take 5 years , if 5 years More then 6 months means will added to the next year.
Graduity Calculation = Basic Salary x15xNo.of years
------------------------------------------------
standard w.days
As per act.
From India, Coimbatore
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