Actually, there is no question when the set of employers is the same in all five companies. If all five companies are operating as a group company, i.e., one parent company with the other four as subsidiaries declared by the company secretary, then the transfer of employees from one organization to another follows, along with the transfer of equity funds and gratuity funds.
An equity amount equivalent to 3.5 years can be transferred from Company A's gratuity fund to Company B's gratuity fund, where the employees' group joining date will be considered at the time of the transfer. The employee will be eligible for the total years of service at the time of his/her resignation.
From India, Pune
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5An equity amount equivalent to 3.5 years can be transferred from Company A's gratuity fund to Company B's gratuity fund, where the employees' group joining date will be considered at the time of the transfer. The employee will be eligible for the total years of service at the time of his/her resignation.
From India, Pune
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