are both to be given to employee or is it that those who are getting gratuity will not get retrenchment benefit
From India, Lucknow
From India, Lucknow
Retrenchment and Gratuity Benefits
If an employee is retrenched after completing 5 years of continuous service, both gratuity and retrenchment compensation are applicable and statutorily have to be paid. However, before completing 5 years, only retrenchment compensation is provided.
From India, Pune
If an employee is retrenched after completing 5 years of continuous service, both gratuity and retrenchment compensation are applicable and statutorily have to be paid. However, before completing 5 years, only retrenchment compensation is provided.
From India, Pune
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