Dear friends, Wheather in any case payment of gratuity for less than 5 year of service possible?if yes,then in what cases.
From India, Delhi
From India, Delhi
If i worked in my company for 4year. and 8 months Why m asking coz in act it has said that if u work more then six month then the next year shall be take in calculation Vishwajeet - HR
From India, Mumbai
From India, Mumbai
Everyone has a different interpretation. To be eligible for gratuity, you need to have continuous service of 5 years or more without a single day less. Working for 240 days in a year does not equate to working for one full year.
Regards,
Clement
From India, Pune
Regards,
Clement
From India, Pune
Dear Members, If one work for 9 years & 7 months, whether his service for gratuity to be taken as 10 years? Pl clarify Veda
From India, Bangalore
From India, Bangalore
If the employee concerned has rendered continuous service with the same employer whose establishment is covered under the Payment of Gratuity Act, 1972, then we are to consider this period of service as ten years for the calculation of gratuity.
Regards,
R.N.KHOLA
From India, Delhi
Regards,
R.N.KHOLA
From India, Delhi
Dear Mr. Balvinder,
As per the Factories Act, if an employee has worked for a full calendar year and has not worked for 240 days due to absenteeism (with some exceptions), then he is not eligible for Privilege leave in the subsequent year and vice versa.
As per the Gratuity Act, if an employee has resigned in the fifth year of his employment (not calendar year) and has worked, say, 11 months, and completed 240 days, then he is not eligible for gratuity as he has not completed 5 years of service.
Regards,
Clement
From India, Pune
As per the Factories Act, if an employee has worked for a full calendar year and has not worked for 240 days due to absenteeism (with some exceptions), then he is not eligible for Privilege leave in the subsequent year and vice versa.
As per the Gratuity Act, if an employee has resigned in the fifth year of his employment (not calendar year) and has worked, say, 11 months, and completed 240 days, then he is not eligible for gratuity as he has not completed 5 years of service.
Regards,
Clement
From India, Pune
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