Can gratuity be paid in advance for a person who had worked for more than 5 years, for medical treatment?
From India, Pune
1From India, Pune
Hi
As rightly mentioned by the learned member, the payment of Gratuity arises only after the employee services are severed by any of the following means termination/retirement, permanent disablement, death or superannuation only.
Gratuity is not paid while a person still serving the company/organization.
Thanks and Regards
From India, Hyderabad
As rightly mentioned by the learned member, the payment of Gratuity arises only after the employee services are severed by any of the following means termination/retirement, permanent disablement, death or superannuation only.
Gratuity is not paid while a person still serving the company/organization.
Thanks and Regards
From India, Hyderabad
Payment of Advance as Loan to be recovered from the amounts payable at the time of exit is possible. Do not pay as advance against Gratuity. You can Pay an advance towards Medical expenses. Issue a letter stating that considering the employees request the recovery is delayed Also mention if the employee happen to resign in the meantime, before recovering the advance, the same shall be recovered from money payable to him at the time of exit
Sivasankaran
From India, Chennai
Sivasankaran
From India, Chennai
Dear Colleague,
It is goodness on your part to think of helping employee in financial distress .But question is paying it against gratuity which is yet not due, is the only option you have.
I think it is possible to pay him short term loan recoverable in suitable instalments from his salary.
But there no bar for you to pay it against gratuity by creating suitable documents .
Regards,
Vinayak Nagarkar
HR- Consultant
From India, Mumbai
It is goodness on your part to think of helping employee in financial distress .But question is paying it against gratuity which is yet not due, is the only option you have.
I think it is possible to pay him short term loan recoverable in suitable instalments from his salary.
But there no bar for you to pay it against gratuity by creating suitable documents .
Regards,
Vinayak Nagarkar
HR- Consultant
From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Gratuity has to be paid after employee quits (TOI - 27-03-2021)_1.j pg
FORM-F-NOMINATI ON OF GRATUITY.pdf
Gratuity Form I.doc